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Winnie
Winnie lives in Kampala, Uganda. She is married and has 2 children, both of whom are in school. Winnie has a charcoal selling business. She has been in this business for over 10 years and she works 6 days a week. Winnie sells her products wholesale in a shop. She has requested a loan of 400000 Ugandan Shillings from MCDT SACCO which she will use to buy more bags of charcoal.

The main business challenges for Winnie include seasonality and ever increasing price of charcoal. Her goals are to own a delivery van and to build her own house. Winnie lives in a home that she rents; she doesn't have access to electricity and doesn't have access to piped water. Her major monthly expenses include rent and school fees.

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
  • 305
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Winnie to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012