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Ruth
Ruth lives in Kampala, Uganda. She is a widow with five children, one of whom attends school. She is looking after other family member (her elderly parents). She has been selling local brew from home, both wholesale and retail, for the last ten years, working seven days a week. She generates additional income from selling charcoal.

She has requested a loan of Ugx 2,000,000 from MCDT- SACCO to enable her to stock more local gin for sale. Her challenges include thieves and transportation. Her dream is to start selling beer, spirits and wines wholesale. She joined MCDT because of the good relationship between the SACCO members and the staff members.

She resides in her own house with access to both electricity and 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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 362
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,583.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Ruth to buy more jerrycans of local gin.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2014
Listed
Jun 23, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2014