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Margaret
Margaret is lives in Kampala, Uganda. She is single with three children. and two go to school. She has two additional family members (mother and father).

She sells green bananas at the market. She sells her products on a retail basis. She also owns a motorcycle where she earns additional income. She has been in her business for the past 10 years. She works seven days a week.

She has requested a loan of UGX 300,000 from MCDT – SACCO to buy more bunches of green bananas. Her major business challenges are thieves and seasonality.

Her goals and aspirations are to become a wholesaler and to build a house. She lives in a rented house, and the family has access to electricity and piped water. 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
  • 346
    View loans »
    Uganda Loans Fundraising
  • $30,336,175
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Margaret to buy more bunches of green bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013