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Allen
Allen is married, with five children, three of whom go to school. She has a retail shop selling sugar, soap, salt, bread and beans. She has applied for a loan of 2,000,000 Uganda shillings from MCDT-SACCO to buy more sugar, salt, soap, beer and soda.

She has been doing this for 10 years, selling on a retail basis only. She generates additional income through rental houses. Her major business challenges include the transportation of commodities from Kikuubo in Kampala to her shop, thieves and defaulters.

She hopes to own a fully stocked wholesale shop and also to buy a delivery van to ease transportation. She lives in her own house, and the family has access to electricity and piped water. Her monthly expenses includes electricity, water and 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
  • 353
    View loans »
    Uganda Loans Fundraising
  • $29,763,250
    Funds lent in using Kiva
  • 2,584.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Allen to buy more sugar, salt, soap, beer and soda to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013