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Resty
Resty lives in Kampala, Uganda. She is single with two children, both of whom attend school. She is not looking after additional family members.

She has been selling newspapers in a rented shop for twenty years, working six days a week. She sells airtime and mobile telephones for additional income.

She has requested a loan of 450,000 UGX from MCDT- SACCO to enable her buy more newspapers for resale. Her challenges include seasonality and transportation. Her dream is to expand the business to a bigger shop, to start selling mobile phone accessories and to build rental rooms. She joined MCDT because of the timely loans. She lives in her house, which has access to both electricity and 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
  • 343
    View loans »
    Uganda Loans Fundraising
  • $29,753,750
    Funds lent in using Kiva
  • 2,589.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Resty to buy more newspapers for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2013
Listed
May 19, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013