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Teo
Teo is widow with six children, two are in school. She lives in rented house and the family has access to electricity and piped water . She doesn't incur any extra transportation costs because she both buys and sells from her place of work. She sells the local brew and gin on retail basis. She works seven days a week. Her major monthly expenses include rent for business and medication. She has been in this business for seven years. She is requesting a loan of 1,700,000 UGX to buy jerrycans of local brew and spirits . She wants to use this loan to buy more jerrycans of local brew and gin.She hopes to grow her business.

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.

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About Uganda

  • $1,500
    Average annual income
  • 234
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,626.9
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Teo to buy jerrycans of local brew and spirits.
99% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2014
Listed
Jul 21, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015