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Aidah
Aidah is a single mother of three children, and all her children go to school. She also takes care of additional family members (her sister). She has a retail shop selling cosmetics and has been in this business for one year. She has applied for a loan of 1500000 Uganda shillings from MCDT-SACCO to buy more boxes of weaves, braids, cream relaxers and Vaseline. She sells to all categories of people, but at retail prices. She works seven days out of every week and works in a shop which she rents.

Her major business challenges include electricity, defaulters and the ever-increasing prices of cosmetics In Uganda. She aspires to own a fully stocked cosmetics shop and to build her own house. She resides in a rented house and the family has access to electricity, but not to piped water. Her monthly expenses include school fees, rent and electricity.

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
  • 105
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,584.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Aidah to buy more Vseline, cream relaxer, braids, and boxes of weaves.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013