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Nulu
Nulu is lives in Kampala, Uganda. She is a widow with five children, two of her children go to school. She also takes care of two additional family members(mother and father).

Nulu knits sweaters and table cloths in a shop that she rents. She sells her products on a wholesale basis. She has been in this business for the last 10 years. She works six days a week.

Nulu has requested for a loan of Uganda shillings 2,000,000 from MCDT – SACCO to buy threads, needles and also acquire another knitting machine. Nulu also generates additional income through working as a director of Makerere Aids Widows Association (MAWDA). Her major business challenges are transportation and seasonality. Her goals and aspirations are to educate her children up to university level and to acquire more machines for knitting sweaters.

Nulu lives in her own house and her family has access to piped water and electricity. 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
  • 295
    View loans »
    Uganda Loans Fundraising
  • $30,263,650
    Funds lent in using Kiva
  • 2,495.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Nulu buy a knitting machine and knitting supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013