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Annet
Annet lives in Uganda. She is single and has three children, all of whom are in school. She also takes care of additional family members (her mother).

Annet has a business selling bananas. She has been in this business for three years and she works seven days out of every week. Annet sells her products from home, by means of wholesale/retail.

Annet has requested a loan of 500,000 Ugandan Shillings from Kiva partner MCDT SACCO, which she will use to buy more bunches of bananas to sell.

The main business challenges for Annet include transportation and ever increasing prices of bananas in Uganda. Her goals and aspirations for her business are to see her business growing big so that she can get enough profits to buy a delivery van. Annet lives in a home that she owns but she doesn't have access to electricity or piped water. Her major monthly expenses include school fees and medications.

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
  • 223
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,480.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Annet to buy more bunches of bananas to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jun 25, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011