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Catherine
Catherine lives in Uganda. She is married and has two children, both of whom are in school. Catherine has a business selling yellow bananas (Cavendish). She has been in this business for five years and she works six days out of every week. Catherine sells her products from home at retail and wholesale. Catherine has requested a loan of 600,000 Ugandan shillings from MCDT SACCO, which she will use to buy more bunches of bananas. She also generates additional income through houses for rent. The main business challenge(s) for Catherine include transportation and seasonality. Her goals and aspirations for her business are to start growing tomatoes and to own a delivery van. Catherine lives in a home that she owns. She has access to electricity and piped water. Her major monthly expenses include 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
  • 150
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,680.4
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Catherine to buy more bunches of yellow bananas.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2011
Listed
Aug 13, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011