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Ayisa
Ayisa is married with one child who attends school. She has had a beauty salon business for six years. She has applied for a loan of 1,000,000 UGX from MCDT SACCO to buy more boxes of cream relaxers, weaves, braids and hair oils. She doesn’t have any other income-generating activity. She works in a rented shop six days out of every week. Her major business challenges includes paying high taxes and 'on and off' electricity. She aspires to own a bridal salon and also to get enough profits so as to build her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent 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
  • 107
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,574.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ayisa to buy more boxes of cream relaxers, weaves, braids and hair oils.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014