Check out other loans that are currently fundraising!
Betty
Betty lives in Uganda. She is married and has six children, two of whom are in school. Betty lives in a home that she rents; she has access to electricity but no piped water. Her major monthly expenses include medication, rent and school fees
Betty has a business selling second hand clothes. She has been in this business for six years, and she works seven days a week. She sells her products at the market, by means of retail. Betty has requested a loan of 800,000 Ugandan Shillings from Kiva partner, MCDT SACCO, which she will use to buy more bales of used clothes. The main business challenges for Betty include seasonality and thieves. Her goals and aspirations for her business are to start selling wholesale only and also to buy a plot of land.

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
  • 326
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,585.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Betty to buy more bales of clothes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2011
Listed
Jul 18, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011