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Betty
Betty lives in Kampala, Uganda, in a rental house with access to electricity and piped water. She is married with three children, and all of them attend school. She also looks after her father and mother.

Betty has been selling wholesale African attire (bitenge) for the last 4 years from a shop that she rents, working six days a week. She generates additional income by selling women new shoes. Her major monthly expenses are school fees and rent, and her challenges include high, unstable prices and the seasonality of the market.

Betty joined MCDT because she did not have enough capital to do meaningful business. She has requested a loan of 2,500,000 UGX from MCDT- SACCO to enable her buy more African attire to sell. Her dream is to be able to buy in bulk and enjoy the benefits of the economy of scale, and then to build her own house.

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
  • 313
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,472.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Betty to buy African attire for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 9, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012