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Salama
Salama is married and has two children, one of whom goes to school. She has a business of a restaurant, selling all types of food. She has applied for a loan of 400,000 Uganda shillings from MCDTSACCO, to buy more bunches of bananas, beef, beans, chicken, rice, charcoal, and sweet and Irish potatoes. She works six days a week at the market. Her major business challenges include seasonality and defaulters. She aspires to own a fully stocked restaurant and to build her own house. She resides in a rented house in which the family has access to electricity but not to piped water. Her 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
  • 217
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,667.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Salama to buy more bunches of bananas, rice, beef, charcoal, chicken, sweet and Irish potatoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013