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Mary
Mary is a single mother of 8 children, and four of them go to school. She also takes care of additional family (grandchildren). She has a business of selling charcoal and has been in this business for 8 years, selling to all categories of people on a retail basis. She has applied for a loan of 1,200,000 Ugandan shillings from MCDT-SACCO to buy more bags of charcoal. She generates additional income through selling used clothes. She works at the market six days out of every week. Her major business challenges include seasonality and thieves. She is aspiring of becoming a wholesaler and also to build her own house.

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
  • 2,650.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Mary to buy more bags of charcoal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013