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Lamula
Lamula is married with three children and all her children go to school. She doesn’t take care of additional family members. She has a business of selling charcoal and has been in this business for two years. She has applied for a loan of 500,000 Uganda Shillings from MCDT-SACCO to buy more bags of charcoal. She works at the market six days out of every week and sells on a retail basis. She generates additional income from selling green finger bananas. Her major business challenges include thieves and transportation. She aspires to own a delivery van for ease of transportation. She decided to join MCDT-SACCO because of the low interest charged. She resides in a rented house and her monthly expenses include school and rent.

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
  • 428
    View loans »
    Uganda Loans Fundraising
  • $30,369,225
    Funds lent in using Kiva
  • 2,505.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Lamula to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2014
Listed
Apr 23, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014