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Mariam
Mariam is married with five children and only four of her children go to school. She also takes care of her sister. She has a beauty salon business and has been in this business for seven years. She has applied for a loan of 1,300,000 Uganda shillings from MCDT-SACCO to buy more boxes of cream, relaxers, braids, hair oils and a hair dryer. She generates additional income from selling maize flour and soda.

She works in her shop six days out of every week. Her major business challenges includes transportation, seasonality and on-and-off electricity. She is wanting to own a fully stocked beauty salon and also to continue building more rental rooms. She resides in her own house where the family has access to electricity and piped water. Her monthly expenses include school fees and 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
  • 343
    View loans »
    Uganda Loans Fundraising
  • $29,753,750
    Funds lent in using Kiva
  • 2,519.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Mariam to buy more boxes of cream, relaxers, braids, hair oils and a hair dryer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013