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Irene
Irene is married with six children, two of whom go to school. She has a business, selling Irish potatoes and cassava. Irene has been in this business for 10 years.

Irene has applied for a loan of 1,000,000 Ugandan Shillings (UGX) from MCDTSACCO to purchase bags of sweet potatoes and cassava.

Irene generates additional income by selling used clothes. She works at the market, seven days a week, on a retail basis. The major challenges to her business include transportation and seasonality.

Irene aspires to own a delivery van, to use for transportation and to become a wholesaler. She lives in her own house and her family has access to electricity and piped water. Her monthly expenses includes school fees and 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
  • 241
    View loans »
    Uganda Loans Fundraising
  • $30,254,725
    Funds lent in using Kiva
  • 2,585.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Irene to purchase bags of cassava and sweet potatoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jun 26, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013