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Lydia
Lydia lives in Kampala, Uganda. She is married with four children and two of her children go to school. She has no additional family members. She sells second hand clothes at the market. She sells her products on a retail basis. She has been in this business for the last 3 years. She works seven days a week. She has requested a loan of 600,000 Uganda shillings from MCDT – SACCO to buy more bales of used clothes. Her major business challenges are transportation and seasonality. Her goals and aspirations are to build rental houses and to become a wholesaler. She lives in a rented house and the family has access to electricity but does not have access to piped water. Her major monthly expenses include rent, electricity, and 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

  • $1,800
    Average annual income
  • 292
    View loans »
    Uganda Loans Fundraising
  • $31,090,750
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lydia to buy more bales of used clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013