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Esther
Esther is a single mother of two children who both go to school. She doesn’t take care of any additional family members. She sells used clothes and has been in this business for three years. She has applied for a loan of 500,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. She works at the market seven days a week. Her major business challenges include transportation and seasonality. She is aspiring to sell on a wholesale basis and also to build her own house. She resides in a rented house and the family has no access to electricity or piped water. Her monthly expenses includes school fees and rent.

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
  • 382
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Esther to buy more bales of used clothes .
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013