Check out some available loans that are similar to this one!
Margaret
Margaret is married with six children, and only two of her children go to school. She also takes care of additional family members (old parents).

Margaret has a retail shop business and has been in this business for ten years. She generates additional income from rental rooms. She works in the shop seven days out of every week.

She has applied for a loan of 700,000 Uganda shillings from MCDT-SACCO to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil and a 50kg bag of rice. Her major business challenges include transportation and seasonality.

Margaret aspires to own a fully stocked shop and also to build her own house. She resides in a rented house, and the family has access to electricity and piped water. Her monthly expenses include 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
  • 329
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,654.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Margaret to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil and 50kg of rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013