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Jane
Jane is married with six children and three of her children go to school. She also takes care of additional family members (her grand-children). She has a business selling snacks like samosas, pancakes and 'dog nuts'. She has applied for a loan of 1,000,000 Uganda shillings from MCDT-SACCO to buy more cooking oil, baking powder and cow peas. She has been in this business for 10 years.

Jane generates additional income through selling piped water. Her major business challenges include thieves and ever increasing prices of cooking oil and baking powder. She is aspiring of owning a big bakery and also buying a plot of land so as to build rental rooms. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses includes 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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,594.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Jane to buy more baking flour, cooking oil, and cow peas.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013