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Rose
Rose is a single mother of four children and all of them are at school. She takes care of additional family members. She owns a liquor store in Nakulabye, selling local gin, and has been in this bar business for five years. Rose buys jerrycans of local gin from suppliers who get it from villages and so doesn’t incur any transport costs as she buys from her place of work.

She plans to use this loan to buy more jerrycans of local gin. She sells to all categories of people, but wholesale only. She works twice a week and besides this local gin business, she also sells piped water. She depends on this job for a living. Her business challenges are seasonality and defaulters.

Rose decided to join MCDT because of low interest rates and because of being trustworthy. She aspires to seeing her business grow big and be able to start going directly to producers, and also to educate her children through university. She resides in and rents a two roomed house and the family has no access to electricity and 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

  • $1,500
    Average annual income
  • 232
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,205.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rose to buy more jerrycans of local gin to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2010
Listed
Aug 12, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011