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Margaret
Margaret is a single mother of three children, and two of her children go to school. She has a business of selling soft drinks and has been in this business for four years.

She has applied for a loan of 500,000 Uganda shillings from MCDT-SACCO to buy more crates of soda, mineral water, passion fruits, sugar and oranges for making fresh juice. She works in the market six days out of every week and sells on a retail basis only. Her major business challenges include seasonality and transportation.

She is aspiring of owning a big deep freezer for cooling juice and also to build her own house. She resides in a rented house, and the family has access to electricity but not piped water. Her monthly expenses include rent and school fees for her children.

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
  • 298
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,585.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Margaret to buy more crates of soda, mineral water, passion fruits, sugar and oranges for making fresh juice.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013