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Stella
Stella is married with three children--all of whom go to school. She has a business selling cosmetics and has been in this business for four years. She doesn't take care of any additional family members and doesn't have any other income-generating activity.

Stella has applied for a loan in Ugandan shillings from MCDT-SACCO to buy more cream relaxers, toiletries, bathing soap, hair oil and hair extensions. Her major business challenges include seasonality and ever-increasing prices of cosmetics in Uganda. She aspires to own a fully-stocked cosmetics shop and also to build rental houses. She resides in her own house and the family has access to electricity. 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
  • 158
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,677.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Stella to buy more boxes of cream relaxers, hair extensions, toiletries, bathing soap and hair oils.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013