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Juliet
Juliet is a single mother of one child who goes to school. She has operated a mini bakery business for 10 years. She goes door to door selling snacks retail to all kinds of people. She has applied for a loan of 700000 UGX from MCDTSACCO to buy more cooking oil, baking flour and cowpeas. Her major business challenges include seasonality and transportation. She works seven days a week. She aspires to own a fully stocked bakery, to become a wholesaler and to get a permanent business location. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent, school fees and feeding the family.

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

  • $1,800
    Average annual income
  • 284
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,455.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Juliet to buy more cooking oil, baking flour and cowpeas for her mini bakery.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012