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Benny
Benny is a single mother of four children, of whom two go to school. She also takes care of an additional family member: her older sister.

Benny has a business of tailoring and has been in this business for 7 years. She has applied for a loan of 1,500,000 Uganda shillings (UGX) to buy another sewing machine and rolls of clothing materials. She generates additional income through selling medicines from Dynapharm. She works from Kampala city and sells finished clothes on retail. Her major business challenges include seasonality and thieves.

She aspires to see her business grow big so as to open a tailoring school and also to build rental rooms. She resides in her own house but the family has no access to electricity or piped water. Her monthly expenses include food 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

  • $1,500
    Average annual income
  • 173
    View loans »
    Uganda Loans Fundraising
  • $28,720,525
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Benny to buy another sewing machine and rolls of clothing material.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013