Nadia started in the poultry business in 2010 with 350 chicken. Currently, she has over 700 birds and most of them are layers. She is able to earn a good weekly income from the sale of eggs. This has helped her take care of her family’s needs. Besides poultry, Nadia owns and manages a braiding salon.
Can you tell us a little about yourself and your business?
I come from a large family of 10 children in a small town called Ssumbwe, Wakiso district in Uganda, I’m the fifth born in my family. I started my first business immediately after I cleared my certificate in hair dressing. My parents had always been very supportive in my education; this made me feel that I needed to support them in paying school fees for my young siblings. I started my poultry business in 2010 which enabled me to support them.
How did you hear about MYC4?
I heard about MYC4 in 2013 through the Uganda Micro credit loan officer who came to explain how MYC4 works, during one of his many visits to our group. We were very pleased as a group to be introduced to MYC4.
What problem were you facing that MYC4 have helped you to solve since you received the funds?
One problem I was facing was the lack of capital for my business, with the lack of capital I could not meet my customers demand. However, since I received my funds I have been able to fulfill my customer demands.
Since I received the funds my business has become more fulfilling and satisfying. Before I received the funds I had a problem of buying feeds for my chickens. Causing them to not rear eggs everyday, however, once MYC4 enabled me to get the funds I was able to buy quality feeds which has made my chickens able to rear eggs every day. This has enabled me to increase my income and also employ another employee.
How much time or money has MYC4 saved you?
Before I received the funds I was buying feeds in retail which is more expensive compared to buying feeds in bulk, when I buy the feeds in bulk the prices tend to be cheaper hence I save money.
Has the funds made your life easier?
Yes, the funds have made my life easier. After I received the funds I have been able to give my chickens quality feeds that helps my chicken to be healthy and produce quality eggs, this gives me more customers in my business.
What did you like about MYC4? What is the experience of working with MYC4?
The one thing I have liked in the short time I have worked with MYC4, is that the funds were received in a very short period, secondly the interest rate is good.
Were you surprised by any part of your experience with MYC4?
Yes, MYC4 has surprised me and my fellow group members. We have found it strange and yet interesting for the fact that our pictures, details, and the funding of the loans are all done online.
What is the most important thing people should know about MYC4?
People should know that MYC4 is a tool that helps many men and women to boost their small business, so far the women in my group have been able to grow there business since they started getting loans from MYC4.
Would you recommend MYC4 to your friends, families?
I have already recommended MYC4 to my sister who has so far joined UMF and she should be getting her first loan through MYC4 soon.
The rate of MYC4 is great compared to other Micro-finances in Uganda. But the fact that I received the money in a short period is what makes me want to get another loan from MYC4.
Do you have any other thoughts or comments?
Yes, I encourage women to join Micro-finance companies that have partnered with MYC4 to experience the change.