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Teddy
Teddy is married with one child, and her child goes to school. She takes care of additional family members. Teddy sells charcoal at Ndeeba. She has been in business for the last two years and sells to all categories of people, both retail and wholesale.

She has requested a loan of 500,000 UGX from MCDT SACCO to buy more charcoal and build her own stall. She lives in a home that she rents and her family has access to electricity and piped water. Her monthly expenses include include rent, 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
  • 305
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,485.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Teddy to buy more bags of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012