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Mary
Mary is a single mother of five children. None of her children goes to school. She doesn’t take care of any other family members. She has a retail shop and has been in this business for five years. She has applied for a loan of 300,000 UGX (Uganda shillings) from MCDT-SACCO to buy more sugar, soap, rice and salt to sell. She generates additional income from rental houses. She works in the shop seven days of every week. Her major business challenges include transportation and the ever-increasing prices of commodities in Uganda. She aspires to own a fully stocked retail shop, to own a delivery van for transportation and to build more rental houses. She resides in her own house, and the family has access to electricity and piped water. Her monthly expenses include paying for utility bills and feeding the family

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
  • 233
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,570.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Mary to buy more sugar, soap, rice and salt to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2013
Listed
Aug 20, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014