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Hello
[Your friend's name],
Your friend [Your name]
has sent you this email to show you one
of the Microcredit stories available
on our website at http://www.yearofmicrocredit.org/.
[Your custom message appears
here.]
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Fatima
Serwoni, Uganda
A Local Call to Success
Fatima Serwoni lives in the village of Namunsi in Uganda
and runs a small store, selling food and household items. She has
built her business with the help of a series of loans from FOCCAS,
a local microfinance institution. Since becoming a client, she has
increased her weekly income by 80 per cent and has consistently paid
the school fees for her four children. With her most recent loan,
Fatima purchased a mobile phone kit to start a pay phone business,
becoming one of the first “village phone operators” of
MTN villagePhone, an initiative of Grameen Foundation USA and MTN
Uganda. Undeterred that her village has no electricity, Fatima uses
a car battery to charge her phone. With the nearest public pay phone
more than four kilometres away, people in Fatima’s community
are happy to have convenient and affordable telephone access for
the first time. Fatima is pleased with her new business, which has
the added benefit of attracting people to her store and generating
greater profit to share with her family. |
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