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Margaret
Margaret is a single mother of two children, one of whom goes to school.

She has business of a food stall and has been in this business for three years. She generates additional income through washing people clothes.

She has applied for a loan of 200,000 UGX from MCDTSACCO to buy more sacks of green banana fingers, tomatoes, onions, Irish potatoes and oranges.

Margaret works from home and sells to all categories of people on retail basis seven days out of every week. Her major business challenges include transportation and seasonality. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses includes school fees 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
  • 229
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,579.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Margaret to buy more sacks of green banana fingers, tomatoes, onions, Irish potatoes and oranges.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013