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Margaret
Margaret is married with two children, one of which goes to school. She also takes care of additional family members. She has a food stall. She has applied for a loan of Uganda shillings from MCDT-SACCO to buy more bags of charcoal, bunches of green bananas, onions, eggplants and tomatoes. She has had her food stall for four years. She works at the market six days out of every week selling to a variety of people. Her major business challenges include transportation and seasonality. She is aspiring of becoming a wholesaler, start growing some vegetables like cabbages and tomatoes 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 rent and school fees.

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
  • 263
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,659.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Margaret to buy more bags of charcoal, bunches of green bananas, onions,eggplants and tomatoes for her food stall.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013