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Catherine
Catherine is married with three children, and two of her children go to school. She doesn’t take care of additional family members.

She has a business of selling yellow bananas and has been in this business for five years. She has applied for a loan of 1,000,000 Uganda shillings from MCDT-SACCO to buy more bunches of bananas. She generates additional income through selling onions and tomatoes and from rental rooms. She works from her home seven days out of every week and sells both on a retail and a wholesale basis. Her major business challenges include transportation and seasonality. She is aspiring of educating her children up to university and also to sell on a wholesale basis only.

She resides in her own house, and the family has access to electricity and piped water. Her monthly expenses include school fees, food and paying for electricity.

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
  • 378
    View loans »
    Uganda Loans Fundraising
  • $30,354,325
    Funds lent in using Kiva
  • 2,672.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Catherine to buy more bunches of yellow bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013