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Masitula
Masitula is married with four children and all her children go to school. She also takes care of additional family members (grand children). She has a retail shop and has been in this business for five years. She has applied for a loan of 400,000/= Uganda shillings from MCDT-SACCO to buy more bags of sugar, boxes of soap, salt and cooking oil. She generates additional income through selling and raising chickens. Her major business challenges include thieves, transportation and seasonality. She is aspiring to own a whole shop and build her own house. She resides in a rented house but the family has no access to electricity or piped water. Her monthly expenses include rent, feeding the family and 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
  • 322
    View loans »
    Uganda Loans Fundraising
  • $29,710,775
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Masitula to buy more boxes of soap, bags of sugar, salt and cooking oil.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013