Funded

Total loan: $1,000
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Berna

Uganda
Kampala, Uganda / General Store

A loan of $1,000 helped to buy more sugar, salt, soap, cooking oil, and soda to sell.


Berna's story

Berna is married with five children. All of her children go to school. She doesn’t take care of additional family members. Berna resides in the family home, and the family has access to electricity and piped water. Her monthly expenses includes school fees and paying for utility bills.

Berna has a retail shop and has been in this business for 20 years. She has applied for a loan of 2,500,000 UGX from MCDT SACCO to buy more sugar, salt, soap, cooking oil, and soda. She works in the shop for seven days every week and sells on a retail basis. She generates additional income from rental houses.

Berna's major business challenges include seasonality and defaulters. She aspires to own a fully stocked retail shop and also aspires to own a wholesale shop. She decided to join MCDT SACCO since they don't charge transfer costs to send and receive money.



Loan details

Loan length:

6 months
Disbursed date: December 11, 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: December 11, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)