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Teddy
Teddy is single, with two children and all go to school. She also takes care of additional family members.

She operates a retail shop at the market. She has been in business for the last three years. She works six days a week.

Teddy has requested UGX 600,000 from Micro Credit for Development and Transformation SACCO (MCDT SACCO) to buy boxes of soap, bags of rice, flour, sugar, and cooking oil.

Her major challenges are seasonality and transportation. Her goal and aspiration is to buy a plot of land. She lives in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent 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

  • $1,800
    Average annual income
  • 290
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,572.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Teddy to buy more boxes of soap, bags of rice, flour, sugar, and cooking oil to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 2, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013