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Florence
Florence lives in Kampala, Uganda. She is single with two children, both of whom attend school. She is looking after her mother.
She has been selling chips, fish and rice from door to door at retail for two years, working seven days a week. She does not have any other source of income.
She has requested a loan of UGX 1,300,000 from MCDT- SACCO to enable her to stock more sacks of Irish potatoes, rice, spices, charcoal and cooking oil. Her challenges include having to move from door to door and seasonality. Her dream is to own a big restaurant and also to get a permanent business premise. She joined MCDT to acquire more capital for her business. She rents a house with access to both electricity and piped water. Her major 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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,696.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Florence to buy more sacks of irish potatoes, rice, spices, charcoal and cooking oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 6, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013