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Rhona
Rhona is married with two children who attend school. She also takes care of her sister’s children. She has a business selling charcoal and has been in this business for many years. She also generates additional income from operating a retail shop. She works from her home and sells to all categories of people seven days a week.

She has applied for a loan of Uganda shillings from MCDT-SACCO to buy more bags of charcoal. Her major business challenges include thieves and seasonality. She aspires to become a wholesaler and also to build rental rooms. She resides in her own house and the family has access to piped water and electricity. Her monthly expenses includes school fees and paying for utility 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
  • 141
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,667.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rhona to buy more bags of charcoal for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013