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Edith
Edith is single with three children, and two are in school. She takes care of additional family members (grandchildren). She operates a retail shop at home. She sells her products on a retail basis. She works seven days a week. She has been in this business for 3 years. She also gets additional income from selling charcoal.

She has applied for a loan of 1,000,000 Ugandan shillings from MCDT-SACCO to buy cooking oil, rice, maize flour, soap, and bags of sugar. Her major business challenges include increasing prices of commodities in Uganda, seasonality and transportation. She is aspiring of seeing her business grow into a wholesale shop, and also to build rental houses. She lives in her own house where the family has access to electricity but no access to piped water. Her monthly expenses include paying school fees and food.

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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,719,850
    Funds lent in using Kiva
  • 2,480.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Edith to buy more bags of sugar, boxes of soap, rice and maize flour.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
May 16, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012