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Grace
Grace is married with five children and four children go to school. She also takes care of additional family (sister and brother). She has a business selling charcoal and has been in this business for 10 years. She has applied for a loan of 2,500,000 Uganda shillings from MCDT-SACCO to buy more bags of charcoal. She works seven days out of every week. Her major business challenges include transportation and defaulters. She is aspiring to become a wholesaler and also to build her own house. She resides in the rented house and the 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
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,547.0
    Uganda Shillings (UGX) = $1 USD