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Rose
Rose lives in Uganda. She is widowed and has 6 children, all of whom are in school. Rose has a business selling charcoal. She has been in this business for over 5 years, and she works 6 days out of every week. Rose sells her products retail at the market and has requested a loan of 500,000 Ugandan Shillings from MCDT SACCO to buy more bags of charcoal. She also generates additional income through frying chapat. The main business challenge(s) for Rose include seasonality and thieves. Her goals and aspirations for her business are seeing her business grow big, acquire a delivery van and also start selling wholesale. Rose lives in a home that she owns with access to electricity and piped water. Her major monthly expenses include school fees, utility bills 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
  • 256
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,455.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Rose 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