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Jennifer
Jennifer lives in Kampala, Uganda. She is married with three children. All the three are in school. Jane’s business is selling second-hand clothes in a shop on retail basis. She has been in the business for two years; her other source of income is selling charcoal at home. She works six days a week. Jennifer has requested a loan of UGX 600,000 from MCDT SACCO to buy bales of clothes. Her business challenges are seasonality and defaulters. Her goals and aspirations are to become a wholesaler and also to build her own house. She resides in a rented house and the family has access to electricity. Her monthly expenses include school fees and rent.

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
  • 249
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 2,500.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jennifer to buy more bales of used clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013