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Florence
Florence is a single mother of five children and all her children go to school. She doesn’t take care of additional family members. She has a business selling green bananas and has been in this business for 5 years selling to all categories of people via retail at the market. She has applied for a loan of 800000 Ugandan shillings from MCDT-SACCO to buy more bunches of green bananas. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to start going to villages of Masaka for bunches of bananas. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees and feeding the family.

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

  • $1,800
    Average annual income
  • 290
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Florence to buy more bunches of green bananas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013