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Margaret
Margaret lives in Kampala, Uganda. She is married with five children and all go to school. She has two additional family members. She has a stall at the market selling tomatoes and onions. She has been in business for the last three years. She works seven days a week. She has requested a loan of 500,000 from MCDT SACCO to buy more baskets of onions, tomatoes, and garlic. Her inspirational goal is to get her own shop at her home where her customers meet her. Her major business challenges include transportation and seasonality. She lives in a rented house and her family has access to piped water and electricity. Her monthly expenses include school fees and rent.

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
  • 410
    View loans »
    Uganda Loans Fundraising
  • $30,354,325
    Funds lent in using Kiva
  • 2,775.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Margaret to buy more baskets of onions, tomatoes, and garlic.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Aug 28, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012