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Janet
Janet is married with eight children, and all her children go to school. She doesn’t take care of additional family members. She has a business of selling used clothes and has been in this business for 15 years, selling to all categories of people on a retail basis. She has applied for a loan of 300,000 Ugandan shillings (UGX) from MCDT-SACCO to buy more bales of used clothes. She generates additional income through selling piped water and from rental rooms. She works at the market five days out of every week. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to get enough profits so as to build rental rooms. She resides in her own house, and the family has access to electricity and 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
  • 358
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,640.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Janet to buy more bales of used clothes.
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