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Resty
Resty lives in Kampala, Uganda. She is married with four children and all her children go to school. She has three additional family members (a sister and her daughter and a cousin).

She operates a beauty salon at the market on a retail basis. She gets additional income from providing outside catering services. She has been in this business for the last 11 years. She works seven days a week.

She has requested a loan of 600,000 Ugandan shillings from MCDT–SACCO to buy hair treatments, relaxers, shampoo, rollers and a hand dryer. Her major business challenge is electricity. Her goals and aspirations are to become a wholesaler and also to buy a plot of land. She lives in a rented house and the family has no access to electricity or piped water. Her monthly expenses include medication, rent and food.

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
  • $29,677,925
    Funds lent in using Kiva
  • 2,624.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Resty to buy more hair treatments, relaxers, shampoo, rollers and a hand dryer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013