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Florence
Florence lives in Uganda. She is married and has twelve children, seven of whom are in school. She also takes care of additional family members (two orphans from her late brothers).

Florence has a pub. She has been in this business for many years, and she works seven days out of every week. Florence sells her products in a shop, retail. Florence has requested a loan of 1,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more crates of beer and soda and jerrycans of local gin. She also generates additional income through rental rooms and poultry farming.

The main business challenges for Florence include seasonality and defaulters. Her goals and aspirations for her business are to own a fully stocked bar. Florence lives in a home that she owns; she has access to electricity and piped water. Her major monthly expenses include school fees and paying utility bills.

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

  • $1,800
    Average annual income
  • 290
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,500.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Florence to buy more crates of beer and soda and jerrycans of local gin.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2011
Listed
Jun 29, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011