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Nulu
Nulu lives in Kampala, Uganda. She is single and has 4 children, all of whom are in school. She doesn’t take care of additional family members. Nulu has a business of selling charcoal. She has been in this business for 3 years, and she works 7 days out of every week. She sells her products from home, by means of retail.

Nulu has requested a loan of 800,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal. The main business challenges for Nulu include transportation, thieves and seasonality. Her goals and aspirations for her business are to own a wholesale business and a delivery van to ease transportation. Nulu lives in a home that she owns where she has access to electricity and to piped water. Her major monthly expenses include paying 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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,315.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Nulu to buy more bags of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012