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Deborah
Deborah is single mother of four children and all her children go to school. She also takes care of additional family members (mother and sister). She has a restaurant business and has been in this business for 10 years.

She has applied for a loan of 300,000 Uganda shillings from MCDT-SACCO to buy more bunches of green bananas, beef, rice, fresh beans and cassava. She works at the market and sells on retail basis six days out of every week. Her major business challenges include seasonality and the ever increasing prices of food stuffs in Uganda. She is aspiring to own a fully-stocked restaurant and also to build her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees, rent and paying for 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
  • 409
    View loans »
    Uganda Loans Fundraising
  • $30,354,325
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Deborah to buy more bunches of green bananas, beef, rice, fresh beans and cassava.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013