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Grace
Grace is married and has three children, one of whom attends school. She lives in Kampala, Uganda. She also cares for her mother. Grace has been selling cooked maize door to door in the market at retail for the last four years. She works seven days a week and does not have any other source of income.

Grace is requesting a loan from MCDT SACCO for 100,000 UGX, which she will use buy more maize for sale and charcoal for cooking the maize. Her challenges include seasonality and transportation. Her dream is to become a wholesaler of raw maize.

Grace joined MCDT because of the low interest charged on loans. She lives in a rented house with access to electricity but no piped water. Her major monthly expense is 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

  • $1,800
    Average annual income
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,597.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $50 helped Grace to purchase maize to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Nov 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013