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Valantina
Valantina lives in Kampala, Uganda. She is married with three children, two of whom are attending school. She is not looking after any additional family member.

She has been selling secondhand clothes in the market, retail, for the last two and half years and works six days a week. She also sews clothes for sale to earn additional income.

Valantina has requested a loan of UShs 1,000,000 from MCDT- SACCO to enable her to buy more used clothes for sale. Her challenges include seasonality. Her dream is to start buying lots of bales and accumulate profits that will enable her to build a house. She joined MCDT because the organisation helps women to develop. She rents a house without access to electricity or piped water. Her major monthly expenses include rent 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
  • 382
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,696.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Valantina to buy more bales of used clothes for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013