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Juliet
Juliet is a single mother of four children, two of whom go to school. She doesn’t take care of additional family members. She has a business selling charcoal and has been in this business for 9 years. She has applied for a loan of 2,000,000 UGX from MCDT-SACCO to buy more bags of charcoal. She generates additional income from rental rooms and bricklaying. She works in a market seven days out of every week and sells both at retail and wholesale. Her major business challenges include transportation and thieves. She is aspiring to own a delivery van to ease in transportation and also to sell at wholesale only. She decided to join MCDT-SACCO to acquire more capital and because it was caring for low income people. She resides in the family house and the family has access to electricity but not to piped water. Her monthly expenses include school fees and paying for utility bills.

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
  • 337
    View loans »
    Uganda Loans Fundraising
  • $29,751,150
    Funds lent in using Kiva
  • 2,525.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $800 helped Juliet to buy more bags of charcoal.
98% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2014
Listed
Apr 18, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 25, 2015