Funded

Total loan: $725
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Betty

Uganda
Kampala, Uganda / Used Clothing

A loan of $725 helped to buy more bales of used clothes.


Betty's story

Betty is married with four children and two of her children go to school. She has no additional family members. She sells second hand clothes at the market on a retail basis. She has been in this business for 10 years. She works six days a week. She has applied for a loan of Uganda shillings 1,800,000 from MCDT-SACCO to buy more bales of second hand clothes. Her major business challenges include seasonality, ever increasing prices of used clothes and transportation. She is aspiring to become a wholesaler and also to get permanent residence. She resides in a rented house and the family has access to electricity and does not have access to piped water. Her monthly expense includes school fees, rent and feeding the family.



Loan details

Loan length:

8 months
Disbursed date: October 16, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 16, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)