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Hope
Hope lives in Uganda. She is single and has one child who is in school. She also takes care of additional family members (eight orphans from her late sister). Hope has a business selling local medicine. She has been in this business for four years and she works seven days out of every week. Hope sells her products door-to-door, by means of retail. Hope has requested a loan of 500,000 Ugandan shillings from MCDT SACCO, which she will use to buy more bottles and tins of powdered local medicine. The main business challenge(s) for Hope include defaulters and seasonality. Her goals and aspirations for her business are to get a permanent business premise, to be a wholesaler and to buy a plot in order to build her own house. Hope lives in a home that she rents. 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
  • 362
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,730.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Hope to buy more bottles and tins of local medicine.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 15, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012