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Madina
Madina is a single mother of five children, and all her children go to school. She doesn’t take care of additional family members.

Madina has a business selling charcoal, and she has been in this business for six months. She has applied for a loan of 600,000 UGX from MCDT-SACC to buy more bags of charcoal. She works from her home and sells on a retail basis only. Her major business challenges include transportation and thieves.

Madina aspires to become a wholesaler and also to own a delivery van to help with transportation. She resides in a house and 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
  • 221
    View loans »
    Uganda Loans Fundraising
  • $29,115,450
    Funds lent in using Kiva
  • 2,597.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Madina to buy more bags of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014