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Hellen
Hellen lives in Kampala, Uganda. She is a single mother with four children, all of whom are in school. She also takes care of her sister, who also goes to school. She rents a house with electricity and piped water. Her major monthly expenses include various fees, food expenses, and rent.



To earn a living, she sells sweet bananas in the evening by the roadside. She has been in this business for the last six years, working seven days per week. During the day, she cleans roads in the city center.



She has requested a loan in the amount of 1,500,000 UGX from MCDT- SACCO to enable her buy more bunches of bananas for sale. Her business challenges include seasonality, transportation costs, and thieves. Her dream is to sell sweet bananas at wholesale prices to other vendors. She would also like to build her own house . She joined MCDT because the interest the organization charges on loans is low when compared to other money lending institutions.

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
  • 234
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Hellen to purchase additional sweet bananas for re-sale purposes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013