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Rose
Rose is married with four children and all her children go to school. She also takes care of additional family members (her elderly parents). She has a business selling charcoal and has been in this business for eight years, selling to all categories of people on a retail basis. She has applied for a loan of 1,500,000 Uganda shillings from MCDT-SACCO to buy more bags of charcoal.

Rose generates additional income from frying pancakes, chapati and samosa to sell. She works from her home seven days a week. Her major business challenges include thieves, transportation and defaulters. She is aspiring of acquiring a delivery van to ease in transportation and also becoming a wholesaler and also building rental rooms. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and paying 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
  • 228
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Rose to buy more bags of charcoal.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013