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Rosemary
Rosemary lives in Kampala, Uganda. She is married with three children and two of them attend school. She is not looking after any other family members.
She has been running a retail shop from home for seven years, working seven days a week. She also generates additional income from charcoal selling.

She has requested a loan of UGX 1,600,000 from MCDT- SACCO to enable her to stock more rice, sugar, cooking oil, sesame, Irish potatoes and charcoal to sell. Her challenges include transportation and thieves. Her dream is to make her sales much bigger and to start selling on a wholesale basis only.

She joined MCDT because of their interest in low-income people. She stays in her husband`s house with access to electricity but no piped water. Her major monthly expenses include 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

  • $1,500
    Average annual income
  • 307
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,556.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rosemary to buy more rice, sugar, Irish potatoes, sesame and cooking oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013