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Halima
Halima lives in Kampala, Uganda. She is widowed with four children, and only two of her children go to school. She takes care of additional family members (grandchildren). She operates a beauty salon on a retail basis. She sells her products in a shop that she rents. She works seven days a week. She has been in this business for the last four years. She also has rental houses where she gets additional income.

She has requested a loan of 700,000 UGX from MCDT SACCO to buy hair treatments, braids and weaves. Her major business challenges are defaulters and seasonality. Her goals and aspirations are to own a bridal salon. She lives in her own house and the family has access to electricity and piped water. Her major monthly expenses include school fees and medication.

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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,305.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Halima to buy more boxes of hair treatments, braids and weaves.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2012
Listed
Feb 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012