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Teddy
Teddy is married with seven children, five of whom go to school. She also takes care of additional family members, including her brother. She has a business raising chickens. She has been in this business for eight years.

Teddy has applied for a loan of 2,000,000 UGX from MCDT SACCO to buy more bags of chicken feed. She works at home and sells on a wholesale basis only six days a week. Her major business challenges include seasonality and poultry diseases. She generates additional income by selling scrap.

Teddy aspires to own 2,000 chickens. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include 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
  • 322
    View loans »
    Uganda Loans Fundraising
  • $29,708,325
    Funds lent in using Kiva
  • 2,584.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Teddy to buy more bags of chicken feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014