A loan of $200 helped to buy more bales of used clothes.


Grace's story

Grace is married with one child and her child goes to school. She has a clothing boutique business and had been in this business for 4 years. She has applied for a loan of 500,000 Uganda shillings from MCDT-SACCO to buy more bales of clothes. She doesn’t have any other income generating activity. She works in a shop and sells on retail basis seven days out of every week. Her major business challenges include seasonality and defaulters. She aspires to become a wholesaler and also to buy a plot of land and build her own house. She decided to join MCDT-SACCO because of low interest charged. She resides in rented house and the family has access to electricity, but not to piped water. Her monthly expenses include rent and feeding the family.



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Loan details