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Hamida
Hamida lives in the Client neighborhood of Kampala, Uganda. She is married and has one child, who is not yet in school. About a year ago she went into business running a bakery. She works seven days a week and is applying for a loan for 800,000 Ugandan Shillings from MCDT SACCO to buy more flour, oil and other items. Her main challenges are transportation and increasing prices for the ingredients she uses. Her goals are to increase the amount and variety of items she sells, and acquire a van for pickups and deliveries. Hamida lives in a home that she rents which has access to electricity but not piped-in water. Her main monthly expenses are rent, medicines and food.

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
  • 337
    View loans »
    Uganda Loans Fundraising
  • $29,751,150
    Funds lent in using Kiva
  • 2,385.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Hamida to buy supplies for a bakery.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
May 25, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011