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Rose
Rose is married with seven children, five of which go to school. She also takes care of additional family members (grand children). She has a business selling charcoal and has been in this business for 10 years. She has applied for a loan of 1,800,000 Uganda Shillings from MCDT SACCO of buy more bags of charcoal. She generates additional income from a food stall, a bar and also selling firewood. She works from her home seven days a week. Her major business challenges include transportation and seasonality. She aspires to own a delivery van to ease in transportation, and hopes to build rental rooms. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include paying for electricity and water, school fees and feeding her family.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,624.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Rose to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Mar 23, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013