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Maggie
Maggie is married with three children, and two of her children go to school. She has a retail shop and has been in this business for 10 years. She has applied for a loan of 700,000 Uganda shillings from MCDT-SACCO to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil and rice. She doesn’t have any other income-generating activity.

She works in her shop six days out of every week. Her major business challenges include the transportation of commodities from Kikuubo in Kampala city to her shop, and also defaulters. She wants to run a wholesale shop and also to own a delivery van for ease in transportation.

Maggie resides in a rented house where her family has access to electricity and piped water. Her monthly expenses include rent and school fees.

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
  • 247
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,574.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Maggie to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014