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Rosette
Rosette is married with four children; three of her children go to school. She doesn’t take care of additional family members. She has a business of selling charcoal and has been in this business for 7 years. She has applied for a loan of 800,000 Uganda shillings from MCDT-SACCO to buy more bags of charcoal. She doesn’t have any other income generating activity. She works in a shop seven days out of every week and sells on retail basis only. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to build her own house. The family resides in a rented house and the family has access to electricity but not to piped water. Her monthly expenses includes 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
  • 318
    View loans »
    Uganda Loans Fundraising
  • $29,630,050
    Funds lent in using Kiva
  • 2,508.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Rosette to buy more bags of charcoal for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014