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Rose
Rose lives in Kampala, Uganda. She is married with 5 children and all her children go to school. She takes care of additional family members (grandfather). She sells charcoal on a retail and wholesale basis at the market. She works seven days a week. She has been in business for the last 10 years. She gets additional income from selling piped water. She has requested a loan of 1,500,000 UGX from MCDT SACCO to buy more bags of charcoal. Her major business challenges include transportation and seasonality. Her goals and aspirations are to own a delivery van to ease in transportation, to sell wholesale only and to build rental houses. She lives in her own house and the family has access to electricity and piped water. Her major expenses include feeding the family 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
  • 353
    View loans »
    Uganda Loans Fundraising
  • $29,763,250
    Funds lent in using Kiva
  • 2,538.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Rose to buy more bags of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2014
Listed
Mar 24, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2014