Check out some available loans that are similar to this one!
Lukiya
Lukiya lives in Uganda. She is married and has five children, three of whom are in school. She also takes care of additional family members (grandchildren).

Lukiya has a business of selling second-hand clothes. She has been in this business for five years and she works six days out of every week. Lukiya sells her products door-to-door, by means of wholesale/retail.

Lukiya has requested a loan of 600,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bales of second-hand clothes. Lukiya gets additional income through bricklaying work.

The main business challenges for Lukiya include the ever increasing prices of clothes and seasonality. Her goals and aspirations for her business are to get a permanent place for her business and also to sell on a wholesale basis only.

Lukiya lives in a home that she owns; she has access to electricity and has access to piped water. Her major monthly expenses include medication, 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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,590.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lukiya to buy more bales of second-hand clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011