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Fatuma
Fatuma lives in the city of Kampala, Uganda. She is single and has two children, both of whom are in school. Fatuma has a business selling charcoal. She has been in this business for four years, and she works seven days out of every week. Fatuma sells her products from home by means of retail. Fatuma has requested a loan of 700,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal. The main business challenges for Fatuma are transportation and defaulters. Her goal is to expand the business so that she can build rental rooms. Fatuma lives in a house that she owns; she doesn't have access to electricity and piped water. Her major monthly expenses include food, rent and school fees.

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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,480.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Fatuma to buy more bags of charcoal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 25, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011