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Oliver
Oliver is married with four children, two of whom attend school. She lives in Kampala, Uganda, and does not look after any additional family members. For the past ten years, Oliver has sold charcoal from home. She works seven days a week and also manages rental houses as another source of income. Oliver's challenges include seasonality and transportation. Her family has access to both electricity and running water and her major monthly expenses include school fees. Oliver joined MCDT because the staff members are friendly and it is cheap to become a member.

Oliver is requesting a 600,000 UGX loan from MCDT- SACCO to buy more sacks of charcoal to sell. Her dream is to expand her business to earn profits to build more rental houses and to buy a delivery van to improve transportation.

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
  • 305
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,690.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Oliver to buy sacks of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013