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Margret
Margret N. lives in the Nakulabye neighborhood in the city of Kampala, Uganda. She is single and has two children, both of whom are in school. Margret has a restaurant. She has been in this business for ten years, and she works seven days a week. She also has a transportation business (motorcycle for hire) as an additional source of income. Margret has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO which she will use to buy more bunches of bananas, cassava, beef, rice, Irish potatoes and chicken.

The main business challenge for Margret is seasonality. She lives in a home that she owns; she has access to electricity and to piped water. Her major monthly expense is rent.

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
  • 222
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,405.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Margret to buy more bunches of bananas, cassava, beef, rice, Irish potatoes and chicken.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2011