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Resty
Resty lives in Kampala, Uganda. She is single with five children, all of whom attend school. She is also looking after her mother.
She has been operating a retail shop for fifteen years, working seven days a week. She also practices farming for additional income.
She has requested for a loan of UGX 1,000,000 from MCDT- SACCO to enable her purchase sugar, cooking oil, flour, salt, rice, dry beans, groundnuts, peas, and soda for sale. Her challenges include seasonality and transportation. Her dream is to be able to own a big wholesale shop. She joined MCDT because her friends told her about the relatively low interest on loans. She stays in her own house with access to electricity and 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
  • 282
    View loans »
    Uganda Loans Fundraising
  • $29,617,400
    Funds lent in using Kiva
  • 2,589.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Resty to buy more sugar, soap, salt, cooking oil, dry beans, groundnuts, peas, soda, flour and rice for her shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013