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Betty
Betty is a single mother of six children, and all her children go to school. She also takes care of additional family members. She has a business of selling used shoes and has been in this business for four years. She has applied for a loan of Uganda shillings (UGX) from MCDTSACCO to buy more bales of used shoes. She works at the market, works seven days out of every week, and sells on a retail basis only. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to start importing used shoes. She resides in her own house, and the family has no access to electricity or piped water. Her monthly expenses include school fees and feeding the family.

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
  • 155
    View loans »
    Uganda Loans Fundraising
  • $28,711,800
    Funds lent in using Kiva
  • 2,640.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Betty to buy more bales of used shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013