Check out some available loans that are similar to this one!
Lea
Lea lives in Kampala, Uganda. She is married with four children, all of whom attend school. She is also looking after two of her nieces. She has been selling Cavendish bananas at the market at retail for ten years, working six days a week. She also runs a greengrocery as another source of income. She has requested a loan of Ug.Shs 1,200,000 from MCDT- SACCO to be able to buy more Cavendish bananas, and stock the grocery with more tomatoes, green peppers, bitter tomatoes, mangoes, passion fruit and pineapples.

Lea's challenges include seasonality and transportation. Her dream is to expand her business to being able to sell more fruit at both retail and wholesale. She joined MCDT-SACCO because of low interest charged on loans and because it is much easier to join MCDT than to join other financial organizations in her area of residence. She owns a house with access to electricity but no piped water. Her major monthly expenses include 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
  • 362
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,522.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lea to buy more bunches of Cavendish bananas.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2014
Listed
May 15, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014