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Cate
Cate is married with three children and only one of her children goes to school. She also takes care of additional family members (her in-laws). She has a business selling green bananas. She has been in this business for 10 years. She has applied for a loan of 500,000 Uganda shillings from MCDT-SACCO to buy more bunches of green bananas. She generates additional income through selling milk and fish. She sells on a retail basis only, seven days out of every week.

Cate's major business challenges include transportation and seasonality. She is aspiring of getting permanent business premises and also becoming a wholesaler. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and paying 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
  • 316
    View loans »
    Uganda Loans Fundraising
  • $29,712,250
    Funds lent in using Kiva
  • 2,594.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Cate to buy more bunches of green bananas.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013