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Annet
Annet lives in Kampala, Uganda. She is a single mother with four children, three of whom attend school. She has no additional family members. She rents the house she stays in and has access to electricity and piped water. Her greatest monthly expenses are school fees and rent.

Annet sells old clothes in the market on a daily basis. She works six days in a week, and she has run her business for 10 years. Annet has applied for 400,000 Ugandan shillings to enable her to buy additional bales of used clothes. She has no other source of income. The main challenges for her business are seasonality and thieves. Her goals and aspirations include expanding her business into a wholesale and also to build her own house.

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
  • 272
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Annet to buy more bales of used clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013