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Milly
Milly lives in Kampala, Uganda. She is single with two children, one of whom currently attends school. She is not looking after any other member of the family.

Milly has been selling charcoal from home at wholesale and retail for eight years. She works seven days a week. She also sells piped water and rental houses as other sources of income.

Milly has requested a loan of UGX 800,000 from MCDT- SACCO to buy more sacks of charcoal for sale. Her challenges include transportation and the high costs of running a business. Her dream is to become a wholesaler and also to educate her children up to the university level. She joined MCDT because of members' testimonies about the benefits of being a member. She lives in her husband`s house without access to electricity and piped water. Her major monthly expenses include 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

  • $1,500
    Average annual income
  • 291
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,699.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Milly to buy more sacks of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013