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Gladys
Gladys is married to an engineer. They have four children and all her children go to school. She also takes care of her old father.

She sells local gin at her home in Kisaasi and sells to all categories of peoples but on a retail basis. Besides this bar business, she owns a salon in Kisaasi and wants to use this loan to buy more jerry cans of local gin. She has been in this business for two years. Her customers are the neighboring community. Her business challenges are seasonality and defaulters. She aspires to buy a plot of land.

Gladys resides in and owns a two-roomed house and the family has access to electricity and piped water. She joined MCDT because they loan to women who are in groups with no securities. Her monthly expenses includes food, utility bills and school fees.

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

  • $1,500
    Average annual income
  • 226
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,252.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Gladys to buy more jerry cans of local gin.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Jun 26, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010