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Rose
Rose lives in Kampala, Uganda. She is single with eight children, three of whom currently attend school. She is not looking after any other members of the family.

She has been operating a retail shop for basic commodities for ten years and works seven days a week. She has no other source of income.

She has requested a loan of UShs 2,000,000 from MCDT-SACCO to buy rice, flour, cooking oil, soda, fruit juices, sugar and salt for sale.

Her challenges include transportation and recovering payment from debtors. Her dream is to own a fully stocked shop and also to become a wholesaler.

She joined MCDT because it is easy to become a member. She rents a house with access to electricity, but no piped water. Her major monthly expenses are 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
  • 143
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,699.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Rose to buy more rice, flour, cooking oil, soda, fruits, juices, sugar, boxes of soap and cartons of salt.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013