Funded

Total loan: $1,000
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Imelda

Uganda
Kampala, Uganda / Restaurant

A loan of $1,000 helped to buy more charcoal and ingredients for meals, including rice, fish, chicken and beef.


Imelda's story

Imelda is widowed and has six children. None of her children goes to school, but she takes care of additional family members (grandchildren). She resides in the family house, and the family has access to electricity and piped water. Her monthly expenses include school fees for the grandchildren and paying for utility bills.

She has a business of a restaurant and has been in this business for many years. She has applied for a loan of 2,500,000 Uganda shillings from MCDT-SACCO. She will use it to buy more bunches of green bananas, sweet and Irish potatoes, ground nuts, fish, rice, charcoal, chicken and beef.

Imelda earns additional income from renting out rooms. Her major business challenges include rainy seasons and thieves. She is aspiring to own a fully-stocked restaurant and also to build more rental rooms.



Loan details

Loan length:

6 months
Disbursed date: October 10, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams




Loan details

Loan length:

6 months
Disbursed date: October 10, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)