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Rose
Rose is a single mother with five children, only two of whom go to school. She also takes care of additional family members (two brothers and one sister). She has run a business selling local gin for five years. She works from her house and sells wholesale only, seven days a week. She has applied for a loan of 2,000,000 Uganda shillings from MCDT-SACCO to buy more jerrycans of gin. Her major business challenges include thieves and defaulters. She hopes to build a store to house jerrycans of gin and also to build rental rooms. She lives in her own house, and the family has access to electricity and piped water. Her monthly expenses includes school fees and 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

  • $1,800
    Average annual income
  • 269
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,659.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Rose to buy more local gin.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013