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Jane
Jane is married with four children and two of her children go to school. She doesn’t take care of additional family members.

She has a beauty salon business and has been in this business for six years. She has applied for loan of 1,600,000 Uganda Shillings from MCDT SACCO to buy more boxes of cream relaxers, weaves, braids and hair oils. She generates additional income from rental rooms.

She works in the shop and sells on a retail basis six days out of every week. Her major business challenges include seasonality and off and on electricity.

She aspires to own a fully stocked beauty salon and also to build her own business premises. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees, paying utility bills and the rent for her business premises.

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.

Tags

About Uganda

  • $1,800
    Average annual income
  • 285
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,585.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Jane to buy more boxes of cream relaxers, braids, weaves and hair oils.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014