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Norah
Norah is widowed with six children, and four of her children go to school. She also takes care of additional family members (grandsons). She has a business of selling charcoal and has been in this business for five years.

She has applied for a loan of 1700000 Ugandan shillings from MCDT-SACCO to buy more bags of charcoal. She generates additional income from rental rooms. She sells both on wholesale and retail basis. Her major business challenges include seasonality and transportation of bags of charcoal. She aspires to own a delivery van to ease transportation, and also to buy more plots so as to build rental houses.

She resides in her own house and the family has access to piped water and electricity. Her monthly expenses includes electricity and food.

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
  • 222
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,644.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Norah to buy more bags of charcoal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013