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Annet
Annet is a single mother with one child and her only child goes to school. She doesn’t take care of additional family members. She has a business selling beef stew. She has applied for a loan of 300000/= Uganda shillings from MCDT-SACCO to buy more beef, garlic salt and other spices. She works at the market and sells to all categories of people but at a retail basis and works six days out of every week. Her major business challenges include seasonality and defaulters. She is aspiring to start a bakery and 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

  • $1,800
    Average annual income
  • 256
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,640.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Annet to buy more beef, garlic and other spices for roasting beef.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 20, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013