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Rose
Rose lives in Kampala, Uganda. She is married with seven children and all of them attend school. She is not looking after additional members of the family.
She has been selling charcoal in the market at retail for five years, working seven days a week. She also collects rent from her houses as additional income.
She has requested a loan of 2,000,000 UGX from MCDT-SACCO to enable her to stock more sacks of charcoal for sale. Rose's challenges include seasonality and transportation of bags of charcoal.
Rose's dream is to be able to stock charcoal that fills a lorry and also to become a wholesaler. She lives in her husband`s house with access to electricity and no piped water. Her major monthly expenses include food 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
  • 359
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,696.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Rose to buy more bags of charcoal.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013