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Josephine
Josephine is married with five children, and all her children go to school. She doesn’t take care of additional family members. She has a business of making and selling local brew, and she sells to all categories of people, at retail. Josephine has applied for a loan of 500000 Uganda shillings from MCDT-SACCO, to buy more bags of millet, cassava flour and firewood. She has been in the brewing business for three years. Her major business challenges include defaulters and seasonality. She aspires to own a fully-stocked pub selling local brew, and also to become a wholesaler. She resides in a rented house, and the family has access to electricity, but not to piped water. Her monthly expenses include 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
  • 379
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,605.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Josephine to buy more bags of millet, cassava flour and firewood, which she will use to make local brew.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2013