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Alex
Alex is married and has five children, and two of her children go to school. She also takes care of additional family members (grandchildren). She resides in the family house, and the family has access to electricity, but not to piped water. Her monthly expenses includes feeding the family and paying utility bills.

She has a business selling milk. She has been in this business for 10 years. She has applied for a loan of 1,000,000 Uganda shillings from MCDT SACCO, which she will use to buy more cans of milk to sell. She generates additional income through raising chickens. She sells on a wholesale basis only, and she works in a shop that she rents. She works seven days out of every week. Her major business challenges include defaulters and the perishibilty of milk. She aspires to own a big deep freezer, to accommodate all her milk. Also, she aspires to buy a plot of land and build rental houses.

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
  • 321
    View loans »
    Uganda Loans Fundraising
  • $29,623,100
    Funds lent in using Kiva
  • 2,578.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Alex to buy more cans of milk to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2013
Listed
Aug 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014