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Oliver
Oliver is married with five children and all her children go to school. She also takes care of additional family members (mother and sister). She has a restaurant and has been in this business for two years. She has applied for a loan from MCDT-SACCO to buy more bunches of green bananas, beef, rice, Irish and sweet potatoes, and pounded groundnuts. She works six days out of every week. Her major business challenges include transportation of the bunches of green bananas, seasonality and defaulters. She is aspiring to own a fully stocked restaurant and educate her children to the university level. She resides in a family house and the family has access to electricity and piped water. Her monthly expenses include school fees and utility bills.

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
  • 154
    View loans »
    Uganda Loans Fundraising
  • $28,701,025
    Funds lent in using Kiva
  • 2,565.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Oliver to buy more bunches of green bananas, beef, sweet and Irish potatoes, rice and pounded groundnuts.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 23, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013