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Florence
Florence lives in Uganda. She is married and has 4 children. All her children are in school. Florence lives in a home that she rents. She has access to electricity but doesn't have access to piped water. Her major monthly expenses include school fees, rent, and electricity bills.
Florence has a business of selling bananas. She has been in this business for 5 years. She works 7 days a week. Florence sells her products at a market, by means of wholesale and retail. She also generates additional income by selling second hand clothes. The main business challenges for Florence include transportation and seasonality. Her business goals and aspirations are to become a wholesaler and to own a delivery van in order to minimize transportation costs.
Florence has requested a loan of 500,000 Ugandan shillings from MCDT SACCO. She will use the funds to buy more bunches of bananas.

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
  • 220
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,665.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Florence to buy more bunches of bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Oct 30, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012