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Rose
Rose lives in Kampala, Uganda. She is married and has two children, both of whom attend school. She does not look after any additional family members. Rose has been selling charcoal on a wholesale and retail basis in the market and hiring out tents for the last twenty years, working five days a week. She has applied for a loan of 400,000 UGX to enable her purchase more bags of charcoal and chairs for hiring out. She also decorates venues for weddings and parties to earn more income. Her main business challenges include a having small capital base. She would like to get more tents and chairs and to provide employment for the youth in her community. She joined MCDT because she did not have enough capital for her business. She is renting a house without both 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
  • 258
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Rose to buy more bags of charcoal and plastic chairs for hiring out.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
May 10, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013