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Merina
Merina N. lives in the Kisaasi neighborhood in the city of Kampala, Uganda. She is widowed and has 4 children, all of whom are in school. Merina changed her business from a retail shop to selling local gin. She has been in this business for a few months, working 6 days out of every week. Merina sells her products from home by means of retail. She also generates additional income through a retail shop.

Merina has requested a loan of 1,500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more jerry cans of local gin. The main business challenges for Merina include the rainy season, transportation, and defaulters. Her goals and aspirations are to be a local gin agent and to educate her children up to university.

Merina lives in a home that she owns. She has access to electricity and piped water. Her major monthly expenses include school fees and electricity bills.

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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,710,775
    Funds lent in using Kiva
  • 2,395.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Merina to buy local gin.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Jan 19, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2011