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Nakkazi
S. is a single lady with no children. She stays with her parents and she takes care of them. She owns a stall in Kalerwe market selling food stuffs like banana clusters, sweet potatoes, cassava and Irish potatoes. She doesn’t incur any transport costs because she buys from her place of work. She wants to use this loan to buy more clusters of bananas, one sack of sweet and Irish potatoes, and cassava. She has been in this business for two years and also with MCDT for two years, servicing her third loan. She doesn’t have any other side business. Her customers are nearby families. She works seven days a week. S.’s business challenges includes rainy season because she works in a muddy place, and defaulters. She is aspiring to go directly to farmers. She joined MCDT because she wanted additional capital. The family has access to electricity and no piped water, and her monthly expenses include food and rent for their home.

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
  • 259
    View loans »
    Uganda Loans Fundraising
  • $29,205,025
    Funds lent in using Kiva
  • 2,250.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Nakkazi to buy moe banana clusters, one bag of sweet and Irish potatoes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2010
Listed
Jun 30, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010