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Rose
Rose lives in Kampala, Uganda. She is a widow with three children who completed school. She is not looking after additional members of the family. She has been selling drinks in a shop at retail for ten years, working seven days a week. She is also operating an eating place as an additional source of income.

She has requested a loan of UGX 1, 200,000 from MCDT- SACCO to enable her stock more crates of soda, beer, sugar, boxes of soap, cartons of salt, water and fruit drinks for sale. Her challenges include high transport costs. Her dream is to expand her business and accumulate profits that will enable her to build more houses. She joined MCDT because she wanted funds to boost her business. She stays in her house with access to electricity and no piped water. Her major monthly expenses include power bills.

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
  • 360
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,691.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Rose to buy more bags of sugar, crates of soda and beer, boxes of soap, cartons of salt, water and fruit drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013