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Elizabeth
Elizabeth is married and has two children, both her children go to school. She also takes care of additional family members (brother and sister).

Elizabeth has a business of selling charcoal. She has applied for a loan of 2000000 Ugandan shillings from MCDT-SACCO to buy more bags of charcoal to resell. She has been in this business for four years and sells to all categories of people on retail. She generates additional income through selling piped water and from rental houses.

Elizabeth works seven days out of every week and works from her home. Her major business challenges include transportation, seasonality and thieves. She is aspiring to build more rental rooms and also to become a wholesaler. She resides in her own house and her family has access to electricity and piped water. Her monthly expenses include school fees, paying for utility bills 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

  • $1,500
    Average annual income
  • 233
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,495.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Elizabeth buy charcoal to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013