Check out other loans that are currently fundraising!
Ruth
Ruth B. lives in the Kitawuluzi Lubaga Road neighborhood in the city of Kampala, Uganda. She is single and has five children, three of whom are in school. She also takes care of her grandchildren. Ruth's retail business sells sweet bananas. She has been in this business for over ten years, and she works six days a week. Ruth sells her products at the market. She generates additional income through selling piped water. Ruth lives in a home that she owns; she has access to electricity and to piped water. Ruth has requested a loan of 600,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bunches of sweet bananas. The main business challenges for Ruth include seasonality and thieves. Her goals and aspirations for her business are to start to going to Masaka villages for sweet bananas. Her major monthly expenses include school fees and feeding the family.

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
  • 267
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,297.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Ruth to buy more bunches of sweet bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 1, 2010
Listed
Dec 6, 2010
Currency Exchange Loss:
Possible
Ended:
May 16, 2011