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Betty
Betty is married with three children and all her children go to school. She also take care of a young brother. She lives in and rents and a two-roomed house and the family has access to electricity and piped water. Her monthly expenses includes school fees, rent and food.

Betty sells African attire and sells to all categories of people both retail and wholesale. She sells door–to-door and so doesn’t have a permanent business premises. She has been in this business for four-and-a-half years, working six days a week.

Betty joined MCDT because of the low interest rate charged. She wants to use this loan to buy more rolls of African fabric (bitenge). Formerly she was buying this from Arua but shifted to the Democratic Republic of Congo. She uses public transport to and from buying her goods.

Betty’s business challenges include transportation, defaulters and the rainy season which hinders her movements. She is aspiring to selling wholesale only and also wants to buy a plot of land.

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
  • 270
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,255.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Betty to buy more rolls of African fabric.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2010
Listed
Jun 21, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010