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Betty
Betty lives in Kampala, Uganda. She is married with five children, two of whom go to school. She takes care of two additional family members, a brother and sister. She is a retail mushroom farmer. Betty works seven days a week. She has been in this business for the last 3 years. She has requested a loan of 900000 from MCDT SACCO to buy more millet and mother spawn. Betty generates additional income by selling charcoal stoves and renting rooms. Her major business challenges are transportation and seasonality. Her goals and aspirations are to build more rental houses and to become a big mushroom farmer. She lives in her own house and her family has access to electricity and piped water. Her major monthly expenses are school fees and food.

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
  • 157
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,630.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Betty to buy millet and mushroom spawn.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012