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Annet
Annet is single and takes care of additional family members (sister and old mother). She has a business of selling used clothes and has been in this business for seven years. She has applied for a loan of 4,500,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. She generates additional income through selling fish. She moves door to door selling used clothes, as well as fish. She works seven days a week and sells on a retail basis only. Her major business challenges include transportation and the rainy season, which hinders her movements. She aspires to get a permanent business premise and also to become a wholesaler. She resides in her own house and the family has access to electricity and piped water. Her major monthly expenses include paying for utilities and medications.

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
  • 222
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,680.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Annet to buy more bales of used clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 22, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013