Check out some available loans that are similar to this one!
Teddy
Teddy is a single mother of four children, all of whom go to school. She doesn’t take care of any additional family members.

She has a business of a mini bakery, and has been in this business for ten years. She works from home six days out of every week, and sells on a retail basis. Her major business challenges include seasonality and thieves. Teddy has applied for a loan of 300,000 UGX from MCDT-SACCO to buy more cooking oil, baking flour, cowpeas and baking powder for her business.

Teddy aspires of owning a big bakery and also hopes to educate her children up to university. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses includes school fees and feeding the family.

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
  • 348
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,526.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Teddy to buy more cooking oil, baking flour, cowpeas and baking powder.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2013
Listed
Dec 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014