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Norah
Norah is widowed with six children, four of whom go to school. She has a business of selling charcoal. She has been in this business for five years. She generates additional income through rental rooms. She sells charcoal both retail and wholesale and works six days a week. Her major business challenges include transportation and seasonality.

Norah has applied for a loan of 1,700,000 UGX from MCDT SACCO to buy more bags of charcoal. She aspires to see her business grow big so that she is able to buy a delivery van to ease in transportation, and also hopes to sell wholesale only.

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

  • $1,800
    Average annual income
  • 293
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Norah to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013