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Milly
Milly is married with three children and her children go to school. She rents a one-room house where she stays with seven people. The family has access to electricity and piped water. Milly takes care of additional family members. Monthly expenses include rent for her residence, medication, school fees and feeding the family. She makes sweaters, tablecloths, cardigans and other items and sells to all categories of people at retail. She works seven days a week. Milly works from her home and also does some tailoring work upon request. Milly receives at least five customers a day. She has been in this business for five years and her business challenge is transportation. She has been with MCDT for a few years, servicing her third loan. She wants to use this loan to buy more threads and needles for making sweaters. Her main customers are schools and neighboring families. She aspires to open a shop in Kampala to get more customers in town. She joined MCDT because it was near her home and was giving money to enterprising women.

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
  • 217
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,085.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Milly to buy more threads and needles.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 1, 2010
Listed
Apr 21, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010