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Margaret
Margaret is married with two children, one in school. She also takes care of her father. She sells used shoes and has been in this business for six years. She has applied for a loan of 400000 Uganda shillings from MCDTSACCO to buy more bales of used shoes. Margaret works at the market seven days a week and sells on retail basis only. Her major business challenges include transportation, thieves and seasonality. She is aspiring to become a wholesaler and also to buy a plot of land to build her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent, school fees and electricity.

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
  • 262
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Margaret to buy more bales of used shoes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013