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Christine
Christine S. lives in the Kitawuluzi section of Kampala, Uganda. She is widowed and has four children, all of whom are in school. She also takes care of additional family members, including her grandchildren. For the last five years, Christine has made a living selling second-hand shoes. She works seven days a week out of her home, and is applying for a loan for 1,000,000 Ugandan Shillings from MCDT SACCO to buy more used shoes to sell to her customers. She supplements her income by farming, and her main challenges are high transportation costs and people who do not pay their bills on time. Her goal is to open a wholesale business. Christine owns her home and has access to electricity and piped-in water. Her major monthly expenses are utilities, school fees and food.

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
  • 228
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,405.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Christine to buy more used shoes to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2011