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Yudaya
Yudaya is widowed with six children and all her children go to school. She also takes acre of additional family members (grand-children). She owns a stall in Bwaise market selling bananas. She has been in this banana business for a very long time and buys bunches of bananas from delivery vans which get them from villages. She doesn’t incur any transport costs as she buys from her place of work.

Yudaya wants to use this loan to buy more bunches of bananas. Her customers are the nearby community. She works in a semi-urban area and works seven days a week. Her business challenges include the rainy season and thieves. She is aspiring of seeing her business grow big and starting going directly to farmers. She decided to work with MCDT because of low interest charged. She resides in and owns a house but the family has no access to electricity or piped water. Her monthly expenses include food, school fees, and medication.

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
  • 105
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,253.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Yudaya to buy more bunches of bananas.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Jul 27, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010