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Irene
Irene lives in Kampala, Uganda, is married with five children, and none of her children go to school. She takes care of other additional family members. She operates a beauty salon at the market on a retail basis. She has been in business for the last five years. She works seven days a week. Irene has no other source of income. She has requested from MCDT – SACCO a loan of 900,000 UGX to buy hair treatments, oils, relaxers, shampoo, and a hand dryer. Her major challenge is seasonality and transportation. She lives in a rented house and her family has access to piped water and electricity. Her goal and aspiration is to buy a fridge and more hand dryers to ease her work. Her major monthly expenses include medication 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
  • 236
    View loans »
    Uganda Loans Fundraising
  • $29,092,125
    Funds lent in using Kiva
  • 2,588.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Irene to buy hair treatments, oils, relaxers, and a hand dryer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014