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Mary
Mary is a single mother of five children, one of whom attends school. She does not take care of additional family members. She has a pub and has been in this business for 15 years. She has applied for a loan of 1,200,000 Uganda shillings from MCDT-SACCO. It will be used to buy more crates of beer, soda, jerycans of local gin, and other spirits. She generates additional income from a restaurant.

She works at the market seven days out of every week and sells on a retail basis. Her major business challenges include transportation, thieves, and business seasonality. She is aspiring to own a big pub and restaurant. She decided to join MCDT-SACCO because of the low interest charged. She resides in the family house and the family has access to electricity and piped water. Her monthly expenses include 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
  • 220
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,510.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mary to buy more crates of beer, soda and jerycans of local Gin.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2014
Listed
Apr 25, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014