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Nuru
Nuru lives in Uganda. She is single and has four children, all of whom are in school. Nuru has a business of selling bananas. She has been in this business for over 10 years and she works seven days out of every week. Nuru sells her products at the market, by means of retail.

Nuru has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bunches of bananas. The main business challenges for Nuru include seasonality and defaulters. Her goals and aspirations for her business are to own a delivery van and also to sell on a wholesale basis.

Nuru 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 school fees and feeding the family.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,090,750
    Funds lent in using Kiva
  • 2,555.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Nuru to buy more bunches of bananas.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2011
Listed
Jul 21, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011