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Florence
Florence is married with two children; only one of her children goes to school. She has a secretarial bureau business which she has been involved in for three years.

She has applied for a loan of Uganda shillings 400,000 from MCDT-SACCO to buy more boxes of paper and cartridges. She generates additional income from knitting table cloths. She works seven days a week from a shop that she rents but sells on retail basis. Her major business challenges include seasonality and thieves.

She is aspiring to become a wholesaler and also to build her own house. She resides in a rented house and the family has access to piped water and piped electricity. Her monthly expenses include rent and school fees.

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
  • 282
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,654.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Florence to buy more boxes of paper and cartridges.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2013
Listed
Feb 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013