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Prossy
Prossy lives in Kampala, Uganda. She is single with one child who attends school. She is also looking after her mother and siblings. She rents a house with access to both electricity and piped water. Her major monthly expenses are rent.

She has been selling snacks in the market for six months, working six days a week. She has no other source of income.

She has requested a loan of UShs 300,000 from MCDT- SACCO to buy stock ingredients like cooking oil, Irish potatoes, wheat and maize flour and spices. Her challenges include seasonality and ever increasing prices of cooking oil.

Her dream is to expand her business and accumulate profits to buy land and also to own a fully stocked bakery. She joined MCDT because she wanted more capital for her business.

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
  • 305
    View loans »
    Uganda Loans Fundraising
  • $29,652,575
    Funds lent in using Kiva
  • 2,597.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Prossy to buy more cooking oil, wheat, maize flour, Irish potaoes and spices.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013