Funded

Total loan: $100
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Sarah

Uganda
Kampala, Uganda / Clothing Sales

A loan of $100 helped to buy more bales of used clothes.


Sarah's story

Sarah is a single mother of two children, neither of which go to school. She also takes care of her sisters. She has a business of selling used clothes and has been in this business for 5 years. She has applied for a loan of 200,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. She doesn’t have any other income-generating activity. She works from home six days per week.. Her major business challenges include seasonality and theft. She aspires to become a wholesaler and to earn enough profits to start importing used clothes. She decided to join MCDT-SACCO because no security is requested in order for one to get a loan. She resides in rented house and the family has access to electricity and piped water. Her monthly expenses include rent and feeding the family.



Loan details

Loan length:

8 months
Disbursed date: December 4, 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: December 4, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)