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Betty
Betty lives in Uganda. She is married and has three children, all of whom are in school. She also takes care of additional family members (her mother and father). Betty lives in a home that she rents. She has access to electricity and piped water. Her major monthly expenses include school fees and rent.

Betty has a business of selling bitenge, colorful Ugandan fabrics used in making clothes. She has been in this business for four years, and she works one day out of every week. Betty sells her products in a shop, by means of wholesale. She also generates additional income through motorcycle for hire.

Betty has requested a loan of 2,000,000 UGX from MCDT SACCO, which she will use to buy more rolls of fabric.

The main business challenges for Betty include seasonality and transportation.

Her goals and aspirations for her business are to start importing clothes herself from the Democratic Republic of Congo and also to build her own house.

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
  • 315
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,460.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Betty to buy more rolls of clothing materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jun 22, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011