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Margaret
Rebecca lives in Kampala, Uganda. She is single with three children, and one of her children goes to school. She sells charcoal, tomatoes and green bananas at the market on a retail basis. She takes care of three additional family members. She has been in this business for the last 6 years. She works seven days a week. Her major challenges are transportation and seasonality.

She has requested a loan of 200,000 Uganda shillings from MCDT SACCO to buy bags of charcoal and bunches of green bananas. Her aspirations are to become a wholesaler and also to build rental houses. She lives in her own house where the family has no access to piped water or electricity. Her major expenses monthly include school fees and food.

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
  • 279
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Margaret to buy more bunches of bananas and bags of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Jan 26, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013