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Fatuma
Fatuma N. lives in the Nalukolongo neighborhood in the city of Kampala, Uganda. She is married and has 10 children, all of whom are in school. Fatuma has a business selling bananas. She has been in this business for 10 years, and she works 7 days out of every week. Fatuma sells her products retail, at the market.

Fatuma has requested a loan of 1,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more, bunches of bananas. She also generates additional income through selling piped water.The main business challenges for Fatuma include transportation and the rainy season . Her goals and aspirations for her business are to own a delivery van and also educate her children up to university.

Fatuma lives in a home that she owns; she doesn't have access to electricity or piped water. Her major monthly expenses include school fees and medication.

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
  • 213
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,279.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Fatuma to buy more bunches of bananas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2010
Listed
Oct 29, 2010
Currency Exchange Loss:
Possible
Ended:
May 16, 2011