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Betty
Betty is married with three children; all her children go to school. She takes care of additional family members.

Betty has a business of sewing sweaters and school uniforms. She has applied for a loan of 1,000,000 Uganda shillings from MCDT-SACCO to buy more thread for sewing sweaters and rolls of clothing materials. She has been in this business for thirteen years. She also generates additional income through selling soft drinks like passion juice and mineral water.

Betty works six days out of every week in a shop and sells at wholesale only. Her major business challenges include seasonality, increasing prices of thread and clothing materials, and defaulters.

She aspires to acquire more machines for sewing sweaters, to build rental rooms where she can work from, and also to own a fully stocked sweater factory.

Betty resides in her own house and the family has access to electricity and piped water. Her monthly expenses include rent for her business premises 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
  • 282
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,663.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Betty to buy more thread and rolls of clothing materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013