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Margaret
Margaret, who lives in Kampala, Uganda, is a single mother of seven children, six of whom attend school. She rents a house with access to both electricity and piped water. Her major monthly expenses include school fees and rent.



Working seven days a week, Margaret has been selling green bananas, her sole source of income, from home for 20 years. Her challenges include seasonality.



Margaret has requested a loan of UShs 100,000 from MCDT- SACCO to enable her to buy more green bananas to sell. Her dream is to accumulate profits that will help her educate her children up to university. She joined MCDT because of their interest in the poor people in the community.

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
  • 234
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,556.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $50 helped Margaret to buy more green bananas to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013