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Milly
Milly is married and has five children. All five of her children go to school. She doesn’t take care of additional family members.

Milly makes brushes and works six days a week. She has been in this business for the last 30 years. She sells the brushes to schools and to shops around the area. Milly is a teacher by profession. She does part time teaching in nearby schools and this brings some side income, apart from making brushes.

Milly has requested for a loan of 500,000 from MCDT SACCO to buy more raw materials for making brushes. Her major business challenge is ever increasing prices of raw materials for making brushes and lack of enough markets for her brushes. She resides in a rented house and her family has access to electricity, but not to piped water. Her monthly expenses include school fees and rent.

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
  • 297
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,495.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Milly to buy more raw materials for making brushes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012