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Allen
Allen is married with four children. Two of her children go to school. She doesn’t take care of additional family members. She has a retail shop and has been in this business for 10 years.

Allen applied for a loan of 1,500,000 Uganda shilling from MCDTSACCO to buy more bags of sugar, cartons of salt, boxes of soap, jerycans of cooking oil, and rice. She generates additional income through a beauty salon and selling pied water. She sells both on retail and wholesale 7 days a week. Her major business challenges include transportation, defaulters, and seasonality.

Allen wants to own a fully stocked retail shop and also wants to educate her children up to the university level. She resides in a family house and the family has access to electricity and piped water. Her monthly expenses include 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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,590.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Allen to buy more bags of sugar, cartons of salt, boxes of soap, jerycans of cooking oil, and rice.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014