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Peninah
Peninah is married with four children, and all her children go to school. She also takes care of additional family members (sister and brother). She has a business of selling green bananas and has been in this business for a few months.

She has applied for a loan of 2,200,000 Uganda shillings from MCDT-SACCO to buy bunches of green bananas. She generates additional income from selling piped water. She works in a shop and sells on a retail basis six days out of every week. Her major business challenges include seasonality and thieves. She is aspiring of becoming a wholesaler and also building rental rooms. She resides in the family house, and the family has access to electricity and piped water. Her monthly expenses includes school fees and medication.

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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $29,205,025
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Peninah to buy more bunches of green bananas.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2014
Listed
Feb 14, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014