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Hellen
Hellen is married to a builder and they have four children who all go to school. Hellen doesn’t take care of additional family members. She owns a sweet and yellow banana stall in Kalerwe market. She works in a semi-urban area and works seven days week. She wants to use this loan of 300,000/= to buy more bunches of sweet and yellow bananas. Besides this banana business, she also owns a mini-restaurant. Her major customers are cyclists and the community around her business. Her business challenge is the seasonality (rainy season) because she works from a floody place and this hinders her customers from reaching her. She aspires to see her business grow big and to start going directly to the farmers for her bananas. She decided to join MCDT because she wanted to increase her capital. Hellen resides in and rents her two-room house and the family has access to electricity but no piped water . Her monthly expenses include school fees, food and rent.

Additional Information

About MCDT SACCO

This loan is administered by MCDT SACCO, a savings and credit institution operating in Kampala, Uganda. The mission of MCDT SACCO is to provide sustainable financial services to the lower strata of Uganda's poor, especially women, for their economic and social development. MCDT's cooperative structure also affords its clients the opportunity to own shares of the organization and benefit from its financial performance. For more on MCDT SACCO, please see our partner page at http://www.kiva.org/partners/112, and join our lending team, Friends of MCDT SACCO, at http://www.kiva.org/team/friends_of_mcdt_sacco.

About Uganda

  • $1,800
    Average annual income
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,286.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Hellen to buy more bunches of yellow and sweet bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2010
Listed
May 21, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010