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Ruth
Ruth lives in Kampala, Uganda. She is married and has 5 children, three of whom are in school. She also takes care of additional family members (old parents).

Ruth has a business selling charcoal. She has been in this business for 10 years and she works 6 days out of every week. Ruth sells her products at the market by means of wholesale. She also generates additional income through selling bananas.

Ruth has requested a loan of 2,500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal. The main business challenges for Ruth include seasonality and transportation. Her goals and aspirations for her business are to own a delivery van to ease in transportation and also to see her three children through university.

Ruth lives in a home that she owns. She has access to electricity and piped water. Her major monthly expenses include school fees 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

  • $1,800
    Average annual income
  • 271
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 2,510.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ruth buy charcoal to resell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012