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Florence
Florence, who lives in Kampala, Uganda, is single and has two children, both of whom go to school. She takes care of additional family members. She sells chips, fish and eggs at the market on a retail basis. She has been in business for the last five years. She works seven days a week. She has no other source of income. She has applied for a loan of 2,000,000 UGX from MCDT – SACCO to buy bags of bag of Irish potatoes, trays of eggs, cooking oil, and fish. Her major challenges are with seasonality and transportation. She lives in a rented house, and her family has access to piped water and electricity. Her goal and aspiration is to open up a restaurant at the market. Her major monthly expenses include school fees and food.

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
  • 247
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,594.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Florence to buy a bag of Irish potatoes, cooking oil, trays of eggs, and fish to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013