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Margaret
Margaret lives in Kampala, Uganda. She is married with five children, and three of her children go to school. She has no additional family members. She operates a retail shop that she rents at the market .She has been in this business for the last five years. She works seven days a week.

She has requested a loan of 800,000 Uganda shillings from MCDT – SACCO to buy more bags of sugar, flour and rice, jerrycans of cooking oil and boxes of soap.

Her major business challenges are electricity and the fluctuating prices of commodities in Uganda. Her goals and aspirations are to own a fully stocked shop and also to build rental houses.

She lives in her own house, and the family has access to electricity, but does not have access to piped water. Her monthly expenses include school fees and food.

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
  • 252
    View loans »
    Uganda Loans Fundraising
  • $30,263,650
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Margaret to buy more bags of sugar, flour and rice, and jerrycans of cooking oil.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013