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Mariam
Mariam is married with six children; all of her children go to school. She also takes care of additional family members (elderly parents). She has a business of selling used clothes and has been in this business for 20 years, selling to all categories of people on both a retail and wholesale basis six days out of every week at the market. She has applied for a loan of 2,000,000 UGX to buy more bales of used clothing. Her major business challenges include transportation, ever-increasing prices of used clothes, and thieves. She is aspiring to start importing used clothes and also to build more rental rooms. She resides in a rented house and her family has access to electricity and piped water. Her monthly expenses include school fees and paying for utility bills.

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
  • 367
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,640.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Mariam to buy more bales of used clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Mar 24, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013