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Rhonah
Rhonah lives in Uganda. She is married with two children, both of whom are in school. Rhonah also takes care of two of her sisters’ children. She lives in a home that she owns with access to electricity and piped water. Her major monthly expenses include school fees and feeding the family.

Rhonah has a sells charcoal at the market, a business that she has been involved in for over ten years. Rhonah works six days a week. She generates additional income by renting rooms. Her main business challenges include seasonality and thieves.

Rhonah requested a 1,000,000 UGX loan from Micro Credit for Development and Transformation SACCO (MCDT SACCO) to buy more bags of charcoal. Her business aspirations are to become a wholesaler and also to build more rental rooms.

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
  • 226
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,415.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rhonah to buy more bags of charcoal to sell in the market.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2012
Listed
Jan 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 19, 2012