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Rose
Rose N. lives in the Ndeeba neighborhood in the city of Kampala, Uganda. She is married and has two children, both of whom are in school. She also takes care of additional family members (a sister and a brother).

Rose has a business selling charcoal. She has been in this business for 8 years, and she works 6 days out of every week. Rose sells her products at the market, both wholesale and retail. Rose has requested a loan of 1,500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal. She also generates additional income through part-time teaching.

The main business challenges for Rose include transportation and the rainy season. Her goals and aspirations for her business are to start selling wholesale only and also to educate her children up to university. Rose lives in a home that she rents; she has access to electricity but doesn't have access to piped water. Her major monthly expenses include paying utility bills, feeding the family, rent 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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,284.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Rose to buy more bags of charcoal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2011