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Eseri
Eseri Nakkazi lives in the Nabulagala neighborhood in the city of Kampala, Uganda. She is single and has 4 children, all of whom are in school. Eseri has a business of selling charcoal and bunches of bananas. She has been in this business for 4 years, and she works 7 days out of every week. Eseri sells her products at the market, by means of retail.

Eseri has requested a loan of 700,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal and bunches of bananas. The main business challenge(s) for Eseri include transportation and the ever increasing prices of bananas and charcoal. Her goals and aspirations for her business are to buy a plot and to build rental rooms and also to start selling by wholesale only. Eseri lives in a home that she owns; she has access to electricity, but doesn't have access to piped water. Her major monthly expenses include food, 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
  • 220
    View loans »
    Uganda Loans Fundraising
  • $29,115,450
    Funds lent in using Kiva
  • 2,297.5
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Eseri to buy more bags of charcoal and bunches of bananas.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Jan 27, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 28, 2011