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Rehema
Rehema lives in the city of Kampala, Uganda. She is married and has four children, all of whom are in school. Rehema has a business selling bananas. She has been in this business for over 10 years, and she works six days out of every week. Rehema sells her products at the market — wholesale and retail. She has requested a loan of 1000000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bunches of bananas. The main business challenges for Rehema are defaulters and seasonality. Her goals and aspirations for her business are to start buying bananas direct from farmers and also to sell only wholesale. Rehema lives in a home that she rents. She has access to electricity but not to piped water. Her major monthly expenses are school fees and 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

  • $1,500
    Average annual income
  • 356
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Rehema to buy more bunches of bananas to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012