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Teddy
Teddy is married with two children, and one of her children goes to school. She has a business of selling local gin. She has applied for a loan of 2,000,000 Uganda shillings (UGX) from MCDT-SACCO to buy more jerrycans of local Gin. She has been in this business for 10 years, selling to all categories of people both on a wholesale and retail basis. She works from home seven days out of every week. Her major business challenges include thieves and seasonality. She aspires to sell on a wholesale basis only and also to get enough profits to build her own house. She resides in her own house, and the family has access to electricity and piped water. Her monthly expenses include rent and school fees.

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
  • 266
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,519.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Teddy to buy more jerrycans of local Gin.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013