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Florence
Florence is married with seven children, two of whom go to school. She has no additional family members. She operates a retail shop and sells her goods to all kinds of people on a retail and whole sale basis. She has been in this business for 10 years. She works seven days a week. She gets additional income from making and selling liquid soap. She has applied for a loan of Uganda Shillings 2,200,000 from MCDT-SACCO to buy sugar, beans, rice, flour, cooking oil and materials for making liquid soap. She is aspiring to build rental houses. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses includes school fees and rent for the shop.

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
  • 415
    View loans »
    Uganda Loans Fundraising
  • $30,364,425
    Funds lent in using Kiva
  • 2,509.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Florence to buy more sugar, beans, rice, flour, cooking oil and materials for maing liquid soap.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Oct 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014