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Peninah
Peninah lives in Kampala, Uganda. She is single and has four children, one of whom is in school. She doesn’t take care of additional family members. Peninah has a business selling charcoal. She has been in this business for 10 years, and she works seven days out of every week. Peninah sells her products in a shop, by means of retail. Peninah has requested a loan of 1,500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal. She also generates additional income through selling piped water. The main business challenge(s) for Peninah include thieves and transportation. Her goals and aspirations for her business are to start selling at wholesale and to build rental rooms. Peninah lives in a home that she owns. She has access to electricity and 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

  • $1,500
    Average annual income
  • 232
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Peninah to buy more bags of charcoal.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012