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Prossy
Prossy lives in Uganda, in Kampala. She is married and has four children, and two of them go to school. She has no additional family members. She sells old clothes at the market, on a retail basis. She works seven days a week. She has been in this business for three years.

She has requested a loan of Ugandan shillings 400,000 from MCDT – SACCO. She will use the loan to buy a bale of old clothes to sell.

Her major challenges include seasonality. Her goal and aspiration is to increase her capital base. She lives in a rented house, and the family has access to electricity, but does not have access to piped water. Her monthly expenses include rent 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

  • $1,800
    Average annual income
  • 264
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,645.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Prossy to buy a bale of used clothes to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2014
Listed
Jul 14, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014