A loan of $600 helped to buy more bags of cereals like beans, groundnuts, maize, and sim-sim (sesame seed).

Teopista's story

Teopista is widowed with five children, three of whom go to school. She doesn’t take care of additional family members. She has a business selling cereals and has been in this business for 10 years. She generates additional income from a pub.

Teopista has applied for a loan of 1,500,000 Uganda shillings from MCDT-SACCO to buy more bags of cereals: beans, groundnuts, maize and sim-sim (sesame seeds). She works from home seven days out of every week and sells on a retail basis. Her major business challenges include seasonality and thieves. She is aspiring of owning a fully stocked pub and also to buy a plot of land and build a house.

Teopista decided to join MCDT-SACCO because of its timely loans. She resides in a rented house and the family has access to electricity but not to piped water. Her monthly expenses include school fees and rent.

Loan details

Lenders and lending teams

Loan details