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Josephine
Josephine is married with two children, and all of her children go to school. She doesn’t financially support additional family members.

Josephine has a business selling used clothes, and she has been in this business for three years. She has applied for a loan of 500,000 Ugandan shillings from MCDT SACCO to buy more bales of used clothes. This business is her only income-generating activity.

Josephine sells the used clothes door-to-door seven days a week. Her major business challenges include seasonality and the ever-increasing prices of used clothes. She aspires to establish a permanent business premises and to become a wholesaler. She also aspires to build her own house. She resides in a rented house ,and the family has access to electricity but not to piped water. Her monthly expenses includes school fees, rent and feeding the 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

  • $1,500
    Average annual income
  • 211
    View loans »
    Uganda Loans Fundraising
  • $29,120,000
    Funds lent in using Kiva
  • 2,574.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Josephine to buy more bales of used clothes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
Apr 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013