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Betty
Betty is married with four children, and one currently goes to school. She also takes care of additional family members (grand children). She has a retail shop business and sells smoked fish. She has been in this business for five years. She has applied for a loan of 2,000,000 Uganda shillings from MCDT-SACCO to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil and baskets of fish. She also generates additional income through selling piped water and dry cleaning. She works at the market seven days a week and sells to all categories of people on a retail basis. Her major business challenges include seasonality and thieves. She aspires to build rental rooms and to become a wholesaler. She resides in her own house and the family has access to electricity, but not piped water. Her monthly expenses include school fees 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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,710,775
    Funds lent in using Kiva
  • 2,650.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Betty to buy more bags of sugar, cartons of salt, boxes of soap, and bags of smoked fish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013