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Margaret
Margaret is a single mother of two children who attend school.

She is a market vendor and has been in this business for two years.

She has applied for a loan of shs 300000 from MCDT-SACCO to buy bunches of bananas. She works six days a week. Her major business challenges are transportation and defaulters.

Margaret's goals and aspirations are to become a wholesaler and to buy a plot of land. She lives in rented rooms and her family doesn’t have access to electricity or piped water. Her monthly expenses include school fees and rent

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
  • 2,495.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Margaret to buy bunches of bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012