Check out some available loans that are similar to this one!
Line
Line N. lives in the Kalerwe neighborhood in the city of Kampala, Uganda. She is married and has 3 children, all of whom are in school. She also takes care of additional family members (relatives). Line has a business of dry cleaning. She has been in this business for 10 years, and she works 7 days every week. Line works from her home, by means of retail. Line has requested a loan of 300,000 Ugandan Shillings from MCDT SACCO, which she will use to buy another flat iron, powdered soap and boxes of bar soap for her business. The main business challenge for Line is seasonality. Her goals and aspirations for her business are to expand her business so that she can employ two girls to assist her in washing clothes. She decided to join MCDT because she wanted additional capital. Line lives in a home that she rents. She has access to electricity and piped water. Her major monthly expenses include school fees, rent and feeding the family.

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
  • 273
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,260.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Line to buy another flat iron, powdered soap and boxes of bar soap.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2010
Listed
Sep 11, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011