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Mary
Mary lives in Kampala, Uganda. She is single and has two children, both of whom are in school.She also takes care of additional family members - her parents. Mary has a retail shop. She has been in this business for three years, and she works seven days a week. Mary sells her products in her shop, by means of retail. Mary has requested a loan of 1,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy to buy more bundles of mats, baskets and hand woven caps. She also generates additional income by selling charcoal.

The main business challenges for Mary include transportation, thieves and seasonality. Her goals and aspirations for her business are to own a wholesale shop and a delivery van to ease in transportation. Mary lives in a home that she rents; she doesn't have access to electricity or to piped water. Her major monthly expenses include paying school fees, rent and medication.

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
  • 225
    View loans »
    Uganda Loans Fundraising
  • $29,115,450
    Funds lent in using Kiva
  • 2,315.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Mary to buy more bundles of mats, hand woven caps and baskets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012