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Christine
Christine is widowed with four children; all of her children go to school. She has no additional family members. She sells secondhand clothes from home. She has been in business for five years. She works seven days a week.

She has applied for a loan of 100,000 UGX from MCDT-SACCO to buy bales of secondhand clothes. Her major business challenges include seasonality (rainy season) which hinders her movements and defaulters. She is aspiring to get her own house and also to become a wholesaler . She resides in a rented house and the family has access to electricity but does not have access to piped water. Her monthly expenses includes school fees 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
  • 316
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 2,574.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $50 helped Christine to buy more bales of secondhand clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014