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Elizabeth
Elizabeth is married with seven children and all of them go to school. She also takes care of additional family members (nephews). She has a business of a retail shop and has been in this business for 10 years, selling to all types of people but on retail basis only. She doesn’t have any other income-generating activity. She has applied for a loan of 2,000,000 Uganda shillings from MCDTSACCO to buy more bags of sugar, bags of bread, cartons of salt, boxes of soap, 100kg of rice, maize flour, and cooking oil. She works in a shop seven days out of every week. Her major business challenges include transportation of commodities from Kampala city to her shop and also the ever-increasing prices of commodities in Uganda. She aspires to own a fully stocked shop and also to buy a delivery van to ease transportation. She resides in her own 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

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,612.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Elizabeth to buy more bags of sugar, cartons of salt, boxes of soap, 100kg of rice, maize flour, and cooking oil.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013