To restock Clothes business

Teddy Nanyonga
Loan group 
God is able
Disbursement date 
10/06/2019
Repayment frequency 
Weekly
Expected end date 
08/06/2020
Business plan 
Teddy has a clothes shop at katosi near the shores of lake Victoria.. She explains that she buys new clothes from Kampala at wholesale price, resells them at retail price and makes profit. The profits yielded from the business have helped her get savings which she uses to meet her family’s day to day needs. The loan will help her boost her business, yield profits hence boosting her savings income which she will use to pay her children’s school fees.
Personal situation 
Teddy says she is a born of Terere, Mukono district. It is where she grew up from, studied from up to primary seven, dropped out of school because her mum passed on and her dad could not afford to pay her school fees. She later got married. Her aunt brought her to katosi.
$361
Date of birth 
1985
Children 
4

Typos or poor quality photos? The microcredit applications are written by the team in Uganda. English is not their first language, and the photos are taken and uploaded with the team's phones in field conditions. Please bear with us and assess the meaning, not the form of the applications!