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Nulu
Nulu lives in Kampala, Uganda. She is married with eight children, all of whom attend school. She is not looking after any additional member of the family.

She has been selling charcoal in the market at retail for eight years, working six days a week. She does not have any additional income.

Nulu has requested a loan of UShs 900,000 from MCDT- SACCO to enable her to buy more sacks of charcoal for sale. Her challenges include transportation and seasonality. Her dream is to buy a vehicle and stop hiring one for transportation and also to educate her children up to university. She joined MCDT because services are taken to clients` localities. She stays in a rented house with access to electricity but no piped water. Her major monthly expenses include school fees and rent.

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
  • 286
    View loans »
    Uganda Loans Fundraising
  • $31,055,375
    Funds lent in using Kiva
  • 2,690.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Nulu to buy more bags of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013