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Restetuta
Restetuta is married with four children, and all her children go to school. She also takes care of additional family members (elderly parents). Restetuta has a restaurant business, and has been in this business for three years. She has applied for a loan of 500,000 Uganda shillings from MCDTSACCO to buy more bunches of green bananas, beef, sweet potatoes and Irish potatoes. Restetuta works from home and sells on a retail basis only. She generates additional income through making baskets. Her major business challenges include seasonality and defaulters. Restetuta aspires to own a full restaurant and also to get enough profits so as to buy her own plot and build a house. She resides in a rented house, and the family has access to electricity and piped water. Her monthly expenses includes school fees and paying for 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
  • 148
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,612.0
    Uganda Shillings (UGX) = $1 USD