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Rose
Rose is married with eight children and two of her children go to school. She has a retail shop business and has been in this business for ten years. She has applied for a loan of 2,000,000 Uganda shillings from MCDT SACCO to buy more bags of sugar, cooking oil, boxes of soap, rice and bread. She works in a shop seven days out of every week and sells on a retail basis only. Her major business challenges include seasonality and the ever increasing prices of commodities in Uganda. She aspires to own a fully stocked retail shop and also to get enough profits so as 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 school fees, rent and paying for 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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $30,299,000
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Rose to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil, rice and bread.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014