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Betty
Betty lives in Kampala, Uganda. She is married with two children, both of whom attend school. She is not looking after any additional members of the family. She has been running a retail shop for basic items for ten years, for which she pays rent and works six days a week. She earns no additional income.

She has requested a loan of UShs 500,000 from MCDT- SACCO to enable her to stock more sacks of rice, beans, maize flour and cartons of soap. Her challenges include transportation costs. Her dream is to be able to satisfy all her clients. She was attracted to join MCDT by the fair interest charged on loans. She rents a house with access to electricity but no piped water. Her major monthly expense is school fees.

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
  • 276
    View loans »
    Uganda Loans Fundraising
  • $29,617,400
    Funds lent in using Kiva
  • 2,480.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Betty to buy more rice, maize flour, beans and soap.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Jun 10, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012