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Paulina Nantongo`s Group
In this Group: Paulina, Stella, Swagila, Maria, Resty
Paulina is the leader of a group of five women. She is 32 years old and married with 3 children, ages 5 months, 10 years, and 14 years. Her two eldest children are in school, the youngest is an infant. She lives in an urban community which is highly susceptible to floods during the rainy season.


Paulina has been selling shoes in the market near her home six days a week, Monday through Saturday for the past five years. Her market for shoes is fair. The biggest challenge is few customers. She has been able to augment her shoe business by also selling soda, water, and passion fruit.


Paulina plans on using this loan to increase her stock of shoes and drinks. She hopes to one day be able to buy a plot and build a house.


Paulina has successfully paid back 10 loans.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Uganda

  • $1,500
    Average annual income
  • 283
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 1,638.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Paulina Nantongo`s Group's $1,775 loan helped a member increase stock of shoes and drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 2, 2008
Listed
Jul 15, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2009