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Amina
Amina lives in Kampala, Uganda. She is single with four children, two of whom attend school. She also looks after her parents.

She has been selling charcoal in the market at retail for seven years, working seven days a week. She does not have an additional source of income.

She has requested a loan of 300,000 UGX from MCDT- SACCO to enable her buy more sacks of charcoal for sale. Her challenges include high transport costs and seasonality. Her dreams are to expand her business, accumulate profits so she can eventually stop borrowing, and own a delivery van to facilitate transportation. She joined MCDT because she wanted funds to boost her business. She stays in a rented house without access to electricity but with piped water. Her major monthly expenses include rent and school fees.

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
  • 215
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,690.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Amina to buy more sacks of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013