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Aisha
Aisha, a married mother of six children, all in school, also takes care of one orphan. She resides in a two-room rented house, and the family has access to electricity and piped water. Her monthly expenses include school fees, rent and feeding the family.



The operator of a beauty salon for 10 years, Aisha works seven days a week and earns additional income through tailoring. She is requesting a loan of 1000000 Ugandan shillings from MCDT-SACCO to buy more boxes of cream relaxers, braids, weaves and a hair dryer. Her major business challenges include seasonality and ever-increasing cosmetics prices in Uganda.



Aisha aspires to see her business grow so that she owns a fully-stocked beauty salon.

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
  • 173
    View loans »
    Uganda Loans Fundraising
  • $28,719,850
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Aisha to buy more boxes of cream relaxers, weaves and braids.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Jul 19, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012