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Rebecca Nakalema's Group
In this Group: Rebecca, Prosy, Margret, Sarah, Hadajh
Rebecca is a leader of a five-member group. She is a 24-year-old married woman with two children aged between four and nine, both of whom are in school. She resides and rents a two-room house where she is staying with four other people.


The family gets two meals a day and occasionally take tea. Rebecca resides and works in a semi-urban area which is in the outskirts of Kampala. She is a hard worker who sellsb charcoal in Kasubi, one of the city's suburbs; she has been in this business for over four years. Rebecca sells to an average of 20 people a day. Her monthly expenses include rent for her home and business, and water and electricity bills.


Rebecca has been with MCDT for one year and is servicing her sixth loan .

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
  • 251
    View loans »
    Uganda Loans Fundraising
  • $28,992,150
    Funds lent in using Kiva
  • 1,908.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Rebecca Nakalema's Group's $1,225 loan helped a member to expand her charcoal business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 10, 2008
Listed
Oct 27, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009