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Florence
Florence lives in Kampala, Uganda. She is married with four children; three of her children go to school.

She operates a restaurant at the market. She sells her products on a retail basis. She has been in this business for the past eight years. She works seven days a week.

She has requested a loan of 200,000 Uganda shillings from MCDT – SACCO to buy serving utensils for her restaurant and foodstuffs like bunches of bananas, beef, and rice. Her major business challenges are transportation and seasonality.

Her goals and aspirations are to own a fully stocked restaurant and to buy a plot of land and build a house. She lives in a rented house; the family has access to electricity but not to piped water. Her major expenses include rent 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
  • 373
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,487.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Florence to buy serving utensils and stocks of bananas, beef, and rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Aug 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012