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Florence
Florence is married with two children and her children go to school. She also takes care of additional family members (mother). She has a business of a restaurant and has been in this business for two years. She has applied for a loan of 1,500,000 Uganda shillings from MCDTSACCO to buy more rice, spices, cooking oil and Irish potatoes. She doesn’t have any other income generating activities. She moves door to door selling her potato chips and sells on retail seven days out of every week. Her major business challenges include seasonality and defaulters. She aspires to own a fully-stocked restaurant and also to educate her children up to university. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees and rent.

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
  • 101
    View loans »
    Uganda Loans Fundraising
  • $28,253,000
    Funds lent in using Kiva
  • 2,640.0
    Uganda Shillings (UGX) = $1 USD