A loan of $300 helped to buy more bales of used clothes for resale.

Margaret's story

Margaret is a single mother of two children, both of whom go to school. She has no additional family members. She sells second hand clothes. She sells her products on a door-to-door basis. She has been in this business for two years. She works seven days a week.

Margaret has applied for a loan of 700,000 UGX from MCDT-SACCO to buy more bales of second hand clothes for resale. Her major business challenges include seasonality (the rainy season), which hinders her movements and transportation. She is aspiring to get permanent business premises and also to buy a plot of land and build a house. She lives in a rented house and the family has no access to electricity or piped water. Her monthly expense includes school fees and feeding the family.

Loan details

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Loan details