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Regina
Regina is a single mother of two children and one of her children goes to school. She also takes care of additional family members (grandchildren). She has a tailoring business and has been in this business for 10 years. She has applied for a loan of 2,000,000 Ugandan shillings from MCDT-SACCO to buy more rolls of clothing materials, thread, and a new sewing machine. She works in the market seven days every week. She sells to all categories of people but on a retail basis only. Regina's major business challenges include defaulters, seasonality and thieves. She aspires to become a whole seller and also to build rental rooms. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees, feeding the family and rent.

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
  • 271
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 2,583.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Regina to buy more rolls of clothing materials, thread, and a sewing machine.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013