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Rose
Rose lives in Kampala, Uganda. She is married and has six children. Four of her children are in school. She also has two additional family members she looks after (two orphans).

Her business is to buy and sell local gin. She has been in this business for three years. She sells her goods both at retail and on a wholesale basis. She works seven days a week. She has houses for rent, as another source of income. Rose applied for a loan of 1,800,000 UGX to enable her to buy jerrycans of local gin in large quantities. Her major business challenges are seasonality and transportation.

Her goals and aspirations are to raise more capital, and to start brewing the local gin by herself. She says she decided to work with MCDT, because services are brought near to the members and the interest rate is low. Rose owns the house where she stays. She has no access to electricity or to piped water. Her greatest monthly expense is school fees.

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
  • 160
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,583.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Rose to buy more jerrycans of local gin.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013