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Victoria
Victoria is married with five children. Only four of her children go to school. She also takes care of additional family members (mother).

Victoria has a business of selling used clothes. She has applied for a loan 200,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes.

She has been in this business for two years, selling to all categories of people. She works at the market and sells on a retail basis only, six days out of every week. She doesn’t have any other income-generating activity. Her major business challenges include thieves and seasonality.

Victoria aspires to become a wholesaler and also to start importing used clothes. She resides in her own house, and the family has access to electricity and piped water. Her monthly expenses include school fees and paying utility bills.

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
  • 316
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,675.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Victoria to buy more bales of used clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013