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Aida
Aida is widowed with seven children; only one of her children goes to school. She takes care of additional family members (her mother and grandchildren).

She has a business selling used clothes, and she has been in this business for 10 years. She generates additional income through poultry farming. She works at the market six days a week and sells both retail and wholesale.

She has applied for a loan of 1,900,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. Her major business challenges include seasonality and thieves.

She is aspires to see her business grow big, so that she buy another plot of land to build rental rooms and also to sell at wholesale only .

She resides in her own house, and the family has access to electricity and piped water. Her monthly expenses includes school fees and paying utility bills.

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
  • 325
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Aida to buy more bales of used clothes to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013