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Mariam
Mariam lives in Kampala, Uganda. She is married with five children, four of whom go to school. She takes care of one additional family member (mother). She operates a beauty salon in a shop that she rents. She sells her products on a retail basis. She gets additional income from rental houses and selling soda and maize bran. She has been in this business for the last 7 years. She works six days a week. She has requested a loan of 1,500,000 Uganda Shillings (UGX) from MCDT – SACCO to buy cream relaxers, braids, weaves and a standalone dryer.

Her major business challenges are transportation and seasonality. Her goals and aspirations are to own a fully stocked salon and also build her own shop and stop renting. She lives in her own house and the family has access to electricity but not to piped water. 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
  • 275
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,599.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mariam to buy more boxes of cream relaxers, braids, weaves and a standalone dryer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013