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Nulu
Nulu lives in Kampala, Uganda. She is married with six children and all her children are in school. She also takes care of additional family members (in-laws).

She has a retail shop and a poultry retail business. She has been in this business for the last 20 years. She works seven days a week.

Nula has requested a loan of 1,400,000 from MCDT SACCO to buy more bags of sugar, rice, cooking oil and poultry feed. Her major business challenges are seasonality and transportation.

Nulu’s goals and aspirations are to see her business grow into a wholesale shop. She lives in her own house and the family has access to electricity and piped water. Her greatest 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

  • $1,500
    Average annual income
  • 287
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,445.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Nulu to buy more bags of sugar, rice, cooking oil and poultry feed.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013