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Noelina
Noelina is married with three children and all her children go to school. She doesn’t take care of additional family members. She has a business selling used shoes. She has applied for a loan of 400,000 UGX from MCDT SACCO to buy more bales of used shoes. She has been in this business for eight years and works at the market seven days a week but on a retail basis. Her major business challenges include seasonality and thieves. She is aspiring to become a wholesaler and build her own house. She resides in a rented house and 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
  • 2,675.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Noelina to buy more bales of used shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013