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Regina
Regina lives in Uganda. She is married and has three children, two of whom are in school. Regina has operated a business selling fruits and vegetables for 7 years. She works 6 days each week selling her products door-to-door, at the wholesale level. She also generates additional income through rental rooms.

Regina has requested a loan of 2,000,000 UGX from MCDT SACCO, which she will use to buy more oranges, passion fruits and mangoes in bulk. The main business challenges for Regina include seasonality and perishability. Her goals and hopes for her business are to see it grow big so that she starts growing fruits herself, opens up another stall in the same market and builds more rental rooms.

Regina lives in a home that she owns; she has access to electricity and to piped water. Her major monthly expenses include school fees, medication and food for 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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,785.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Regina to buy mangoes, passion fruits and oranges.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012