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Florence
Florence N. lives in the Nakulabye neighborhood in the city of Kampala, Uganda. She is married and has four children, all of whom are in school. Florence has a cosmetics store. She has been in this business for five years, and works six days a week. Florence sells her products in a retail shop. Florence has requested a loan of 500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy boxes of creams and relaxer braids. The main business challenges for Florence include the rainy season and transportation of boxes of cosmetics from Kikuubo in the city of Kampala to her shop in Nakulabye. Her goals and aspirations for her business are to own a fully stocked cosmetics shop and a bridal salon. Florence lives in a home that she rents; she has access to electricity, but not to piped water. Her major monthly expenses include rent, food 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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,262.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Florence to buy more boxes of cosmetics and braids.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2010
Listed
Sep 10, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010