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Rose
Rose is married with four children and all her children go to school. She doesn’t take care of additional family members. She has a hair-dressing business and has been in this business for two years. She has applied for a loan of 1,000,000 Uganda shillings from MCDT-SACCO to buy more braids and hair weaves.

Rose generates additional income through selling used clothes. She works in a shop in her residence and sells on retail basis only. Her major business challenges include seasonality and defaulters. She is aspiring of owning a fully stocked shop selling braids and weaves and also building her own house. She resides in a rented house and the family has access to electricity but not piped water. Her monthly expenses includes rent and school fees.

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
  • 315
    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 $400 helped Rose to buy more braids and hair weaves.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013