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Zam
Zam is a single mother of six children, three of whom attend school. She also takes care of an additional family member (her mother). She has a business selling food at a market. She has applied for a loan of 700,000 UGX from MCDT SACCO to buy more bunches of sweet bananas and Irish potatoes. She has had this business for 13 years. She works at the market seven days out of every week. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to build her own house. She resides in her own house, and the family has access to electricity and piped water. Her 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
  • 234
    View loans »
    Uganda Loans Fundraising
  • $29,092,125
    Funds lent in using Kiva
  • 2,537.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Zam to buy more bunches of sweet bananas and Irish potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 18, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013