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Martha
Martha is married with one child and her child goes to school. She doesn’t take care of any additional family members. She has a business of selling used clothes and has been in this business for six years. She has applied for a loan of 400000 Ugandan shillings from MCDT-SACCO to buy more bales of used clothes. She generates additional income through plaiting hair. She moves door to door selling used clothes six days out of every week. Her major business challenges include seasonality and the ever increasing prices of used clothes in Uganda. She aspires to own a permanent business premises and also to become a wholesaler. She resides in a rented house and the family has access to electricity and piped water. Her monthly expense includes 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
  • 268
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Martha to buy more bales of used clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013