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Fatuma
Fatuma lives in Kampala, Uganda. She is single with three children and one of them attends school. She is not looking after any other family member.
She has been selling second hand clothes in the market for three years, working six days a week. She has no other source of income.
She has requested for a loan of UGX 200,000 from MCDT-SACCO to enable her to stock more second hand clothes. Her challenges include seasonality, thieves and transportation. Her dream is to own a second stall and buy land out of her profits. She joined MCDT because of the close services and convenience in accessing membership. She rents a house with access to electricity and no piped water. Her major monthly expenses include school fees, rent 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
  • 223
    View loans »
    Uganda Loans Fundraising
  • $29,092,125
    Funds lent in using Kiva
  • 2,635.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Fatuma to buy more clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013