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Annet
Annet is the single mother of five children, none of them in school. She doesn’t take care of additional family members. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent and feeding the family.

She has a business selling charcoal, and she sells to all categories of people on a retail basis. She works at the market six days out of every seven. She generates additional income through roasting maize.

She has applied for a loan of UGX 500,000 from MCDT-SACCO to buy more bags of charcoal. Her major business challenges include seasonality and thieves.

She aspires to become a wholesaler and also to buy a plot of land and build her own house.

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
  • 174
    View loans »
    Uganda Loans Fundraising
  • $28,719,850
    Funds lent in using Kiva
  • 2,515.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Annet to buy more bags of charcoal to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2013
Listed
Nov 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014