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Mariam
Mariam is married with five children and three of her children go to school. She doesn’t take care of additional family members.

She has a business selling used clothes and has been in this business for 8 years. She has applied for a loan of 500,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. She generates additional income through selling vegetables. She works at the market seven days a week and sells on a retail basis only. Her major business challenges include thieves and seasonality.

She aspires to become a wholesaler 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 but not to piped water. She decided to join MCDT-SACCO because she wanted to acquire more capital. Her monthly expenses include school and feeding the family.

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
  • 383
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,523.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Mariam to buy more bales of used clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2013
Listed
Dec 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014