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Fatuma
Fatuma lives in Kampala, Uganda. She is a single mother with two children. None of the children is in school because they are below age. She sells plastics in a shop on a wholesale basis. She works six days a week. She has run the business for ten (10) years. Fatuma has a side income of selling piped water and soda. She has requested for a loan of Shs 1,500,000/= from MCDT SACCO to buy more plastics for resale. Her major business challenges are thieves and seasonality.Her goals and aspirations are to educate her children up to university and to renovate her house. The family has access to electricity and piped water. Her monthly expenses includes paying utility bills and feeding the family.

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
  • 163
    View loans »
    Uganda Loans Fundraising
  • $28,672,675
    Funds lent in using Kiva
  • 2,500.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Fatuma to buy more plastics for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013