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Zamu
Zamu is a single mother of six children, and three of her children go to school. She also takes care of additional family members. She has a food stall at the market and sells all types of food items. She sells to all categories of people on a retail basis and works seven days a week. She has applied for a loan of 200,000 Ugandan Shillings from MCDT-SACCO to buy more boxes of tomatoes, baskets of Irish potatoes, onions, and banana clusters. Her major business challenges include seasonality and thieves. She aspires to see her business grow so that she can open up another stall in the market. She resides in her own house, and the family has access to electricity but no piped water. Her monthly expenses include school fees and food.

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
  • 337
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,485.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Zamu to buy more boxes of tomatoes, baskets of Irish potatoes, and clusters of bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2013