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Teddy
Teddy N. lives in the Nabulagala neighborhood in the city of Kampala, Uganda. She is married and has 7 children, seven of whom are in school. Teddy has a business of poultry farming. She has been in this business for 8 years, and she works 7 days out of every week. Teddy sells her products in a shop, by means of wholesale/retail.

Teddy has requested a loan of 600,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more poultry feed and chicks. She also generates additional income through selling scrap. The main business challenge(s) for Teddy include thieves and transportation of chicken feed. Her goals and aspirations for her business are to buy a plot of land where she can build more poultry houses. Teddy lives in a home that she owns; she has access to electricity and piped water. 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
  • 156
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,357.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Teddy to buy more poultry feed and chicks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2011
Listed
Jan 20, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 28, 2011