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Betty
Betty is a single mother of four children and all her children go to school. She has a retail shop and has been in this business for 5 years. She has applied for a loan of 200,000 Uganda shillings from MCDT-SACCO to buy more sugar, soap, cooking oil and salt. She generates additional income from a food stall. She works in a shop seven days out of every week and sells on retail basis. Her major business challenges include thieves and ever increasing prices of commodities in Uganda. She is aspiring to become a fully stocked retail shop and also to buy a plot of land and build a house. She resides in a rented house and the family has access to electricity and no 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

  • $1,500
    Average annual income
  • 318
    View loans »
    Uganda Loans Fundraising
  • $29,710,775
    Funds lent in using Kiva
  • 2,615.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Betty to buy more sugar, soap, cooking oil and salt.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2014
Listed
Jul 26, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014