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Resty
Resty lives in Uganda with her husband and four children, one of whom is old enough to attend school. She also cares for her parents and her late sister's children. For the last eight years, she has earned a living by running a retail shop where she works seven days a week. Resty is applying for a loan for 2,000,000 Ugandan Shillings from MCDT SACCO to buy more items to sell to her customers, including soap, sugar, salt and cooking oil. She supplements the income she earns in her shop by selling second-hand clothing and shoes. Her main challenges are rising prices, slow business during the rainy season and the high cost of transportation. Her goals for the future include owning a wholesale shop and a delivery van. She owns the home she lives in and has access to electricity and piped-in water. Her major monthly expenses are school fees and food for her 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

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,840.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Resty to buy more items to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Possible
Ended:
May 19, 2012