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Florence
Florence lives in Kampala, Uganda. She is widowed with nine children, and all her children go to school. She has no additional family members. She operates a retail shop. She has been in this business for the last 15 years. She works seven days a week. She has requested a loan of 700,000 Ugandan shillings from MCDT SACCO to buy cooking oil, soap, sugar and a carton of salt. Florence's major business challenges are transportation and seasonality. Her goals and aspirations are to own a fully stocked wholesale shop and to build rental houses. She lives in her own house, and her family has no access to electricity or 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
  • 224
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,589.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Florence to buy more cooking oil, soap, sugar and a carton of salt.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2012
Listed
Oct 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013