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Aisha Namuli`s Group
In this Group: Aisha,, Enid, Harriet,, Grace,
Aisha is the leader of this group of four women. A fish seller, she is 35 years of age and married, with five children whose ages range from 3 to 24. The three youngest are in school and the remaining two are married. The community Aisha lives in is semi-urban.
While there is a ready market for her merchandise, one of the challenges she faces is the high transportation costs involved in collecting the fish from the lakeshores and taking them to St Balikuddembe Market.



Aisha’s five previous loans, all of which she repaid, enabled her to pay school fees for her children, increase business by opening a new retail point, and contribute to the running of the home.

She now plans to increase her stock and continue educating her children.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Uganda

  • $1,800
    Average annual income
  • 271
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 1,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Aisha Namuli`s Group's $675 loan helped a member she plans to increase her stock .
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 10, 2008
Listed
Apr 25, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 16, 2008