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Rosette
Rosette is married and has four children, three of whom attend school. She does not take care of additional family members. She has a business selling charcoal. She has been in this business for seven years, selling to all categories of people on a retail basis. She has applied for a loan of 500,000 UGX from MCDT-SACCO to buy more bags of charcoal. She works in a shop that she rents seven days a week. Her major business challenges include transportation and seasonality. She aspires to become a wholesaler and also to buy a delivery van for easier transportation. She resides in a rented house; the family has access to electricity and piped water. Her monthly expenses include rent, 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
  • 347
    View loans »
    Uganda Loans Fundraising
  • $30,336,175
    Funds lent in using Kiva
  • 2,644.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Rosette to buy more bags of charcoal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013