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Adella
Adella O. T. lives in the Kamwokya neighborhood in the city of Kampala, Uganda. She is married and has two children who are in school. Adella has a retail shop. She has been in this business for nine years, and she works 7 days out of every week. Adella sells her products in a shop, by means of retail. Adella has requested for a loan of 1,200,000/= Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of sugar, cartons of salt, bags of rice, beans and maize flour. She also generates additional income through renting motorcycles.The main business challenges for Adella include transportation and the rainy season. Her goal and aspiration for her business is to get enough profit to buy a plot of land and build her own house. She decided to join MCDT because of small amount of interest charged. Adella lives in a home that she rents; she doesn't have access to electricity or piped water. Her major monthly expenses include rent, school fees, and food.

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
  • 362
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,252.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Adella to buy sugar, salt, rice, beans and maize flour.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2010
Listed
Sep 12, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2011