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Julia
Julia is a single mother of one child and her only child goes to school. She also takes care of additional family members (her niece). She has a restaurant and has been in this business for six years. She has applied for a loan of 2,200,000 Uganda shillings from MCDT-SACCO to buy more bags of Irish potatoes, charcoal, eggs, cooking oil and chicken. She doesn’t have any other income-generating activity.

Julia works six days out of every week and sells on retail basis only. Her major business challenges include ever increasing prices of cooking oil and Irish potatoes, seasonality and thieves. She is aspiring of owning a fully stocked restaurant and also to building her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees and rent.

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
  • 363
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,580.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Julia to buy more bags of Irish potatoes, charcoal,eggs, cooking oil and chicken.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014