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Florence
Florence is a single mother of five children and two of her children go to school. She doesn’t take care of additional family members. She has had a food stall business for 10 years and has applied for a loan of 300,000 Uganda shillings from MCDT-SACCO to buy more boxes of tomatoes, onions, clusters of bananas and eggplants. She doesn’t have any other income-generating activity. She works from her home seven days out of every week and sells on a retail basis only. Her major business challenges include thieves and defaulters. She is aspiring to become a wholesaler, to see her business grow big and to build her own house. She resides in a rented house and the family has access to electricity but not to piped water. Her monthly expenses includes 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
  • 343
    View loans »
    Uganda Loans Fundraising
  • $29,753,750
    Funds lent in using Kiva
  • 2,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Florence to buy more tomatoes, onions, bananas and eggplants.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Jan 28, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013