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Ruth
Ruth lives in Kampala, Uganda. She is single with 4 children and all her children are in school. She doesn’t take care of additional family members. She sells cassava at the market on a retail basis. She has been in this business for the last 4 years. She works seven days a week. She has requested a loan of 300,000 from MCDT SACCO to buy bags of cassava. Her major business challenges are seasonality and thieves. Her goals and aspirations are to buy a plot of land to start growing cassava. She lives in her own house but the family has no access to electricity and piped water. Her major monthly expenses include food 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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,505.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Ruth to buy more bags of cassava.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012