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Rose
Rose is married and has six children, only four of whom go to school. She also takes acre of additional family members (two cousins). She has a business selling local gin and has been in this business for three years. She has applied for a loan of UGX 2,000,000 from MCDT-SACCO to buy more jerry cans of local gin. She generates additional income from renting out rooms. She works in a shop that handles rentals and also sells on both a wholesale and retail basis. Her major business challenges include transportation and seasonality. She aspires to build more rental rooms and also to acquire a delivery van to facilitate transportation. She resides in her own house, and the family has access to electricity and piped water. Her monthly expenses include school fees and 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
  • 345
    View loans »
    Uganda Loans Fundraising
  • $29,753,750
    Funds lent in using Kiva
  • 2,635.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Rose to buy more jerry cans of local gin for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013