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Resty
Resty lives in Kampala, Uganda. She is married with five children, two of her children go to school. She has no additional family members. She sells charcoal at the market on a retail and wholesale basis. She works seven days a week. She has been in this business for the last two years. She has requested a loan of Ugandan shillings 1,200,000 from MCDT – SACCO to buy bags of charcoal. Her major challenges include transportation and seasonality, which hinder her movements. Her goal and aspiration is to buy a van for transporting charcoal to the market. She lives in a rented house and the family has access to piped water and electricity. Resty’s major expenses include food, power 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
  • 151
    View loans »
    Uganda Loans Fundraising
  • $28,711,775
    Funds lent in using Kiva
  • 2,524.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Resty to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2014
Listed
Mar 21, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014