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Plaxeda
Plaxeda is a married mother of four children; two go to school. She has additional family members (grand children). She sells green bananas at the market. She sells her product on a retail basis. She has been in business for the last 10 years. She works seven days a week.

She has applied for a loan of 600,000 Uganda shillings from MCDT - SACCO to buy more bunches of green bananas. Her major business challenges include seasonality and transportation. She is aspiring of buying a delivery van to transport bunches of bananas from the village to the market. She resides in her own house, and the family has access to electricity but does not have access to piped water. Her monthly expenses include school fees and food.

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
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,487.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Plaxeda to buy more bunches of green bananas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013