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Aisha
Aisha is married with three children, and all her children go to school. She also takes care of additional family members (old parents). She has a business of a retail shop, selling all commodities.

She has applied for a loan of 1,700,000 Ugandan shillings from MCDT-SACCO to buy more bags of sugar, cartons of salt, jerrycans of cooking oil and boxes of soap. She has been in this business for six years, selling to all categories of people, but on a retail basis only. Besides this retail shop business, she also hires out her motorcycle to generate additional income.

She works seven days out of every week. Her major business challenges include seasonality and the ever increasing prices of commodities in Uganda. She is aspiring of owning a fully stocked retail shop and also buying a plot of land and building her own house. She resides in a rented house, and the family has no access to electricity or piped water. Her 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

  • $1,500
    Average annual income
  • 342
    View loans »
    Uganda Loans Fundraising
  • $29,751,150
    Funds lent in using Kiva
  • 2,672.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Aisha to buy more bags of sugar, cartons of salt, jerrycans of cooking oil and boxes of soap.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013