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Milly
Milly lives in Kampala, Uganda. She is married with eight children, six of whom go to school. She doesn’t take care of any additional family members. She lives in her own house with access to electricity but not piped water. Her monthly expenses include school fees and food.

Milly makes brushes, and sells them on a retail basis. She has been in this business for the last 5 years, and works six days a week. She also gets additional income from teaching. She has requested a loan of 600,000 Ugandan shillings from MCDT – SACCO to buy raw materials for making brushes. Her major business challenges are transportation and seasonality. Her goals are to own a plot where she can build rental houses, and also to educate her children up to university.

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
  • 225
    View loans »
    Uganda Loans Fundraising
  • $29,115,450
    Funds lent in using Kiva
  • 2,604.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Milly to buy more raw materials for making brushes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013