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Ruth
Ruth is a widow and has six children, four of whom attend school. She has a business of selling green bananas, which she has been doing for 10 years. She sells to all categories of people on a retail level. She works seven days a week.

Ruth is requesting a loan for 1000000 Uganda shillings from MCDT SACCO, which she will use to buy more bunches of green bananas at the market. Her major business challenges include seasonality and thieves. She hopes to become a wholesaler and also to build rental rooms. She resides in her own house and the family has access to electricity and piped water. Her major monthly expenses includes school and utility bills.

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
  • 316
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,604.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ruth to purchase more bunches of green bananas.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013