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Jane
Jane is widowed, with five children. Four of her children go to school. She also takes care of additional family members (children of her late brother).

Jane has a business of selling second-hand clothes. She has been in this business for eight years. She has applied for a loan of UGX 500,000 (Uganda shillings) from Micro Credit for Development and Transformation SACCO (MCDT SACCO) to buy more bales of used clothes.

Jane works at the market four days a week and she sells on a retail basis only. Her major business challenges include seasonality, thieves, and fire.

She is aspiring to sell on a wholesale basis and also to build her own business premises. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and medication.

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
  • 142
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,583.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Jane to buy more bales of used clothes to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013