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Rose
Rose is married with three children and two of her children go to school. She has a restaurant business. She has been in this business for four years. She has applied for a loan of 400,000 UGX from MCDT-SACCO to buy more bunches of bananas, beef, rice, chicken and fish. She works in the business six days a week. Rose's major business challenges are defaulters and the increasing price of foodstuffs in Uganda. She hopes to see her restaurant grow into a fully stocked one and to build her own house. She resides in a rented house and the 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

  • $1,500
    Average annual income
  • 164
    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 $175 helped Rose to buy more bananas, beef, chicken, rice and fish.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2012
Listed
May 22, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012