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Betty
Betty lives in Uganda. She is married and has 6 children, all of whom are in school. She also takes care of additional family members (in-laws). Betty has a business selling charcoal. She has been in this business for over 8 years, and she works 6 days out of every week. Betty sells her products from home, retail. Betty has requested a loan of 600,000 Ugandan Shillings from MCDT SACCO to buy more bags of charcoal. The main business challenge(s) for Betty include seasonality and thieves. Her goals and aspirations for her business are seeing her business grow big and also to own 2000 chicken and start selling wholesale. Betty lives in a home that she owns; she has access to electricity and piped water. Her major monthly expenses include school fees, medication and feeding the 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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,455.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Betty to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 11, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012