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Kulusum
Kulusum is married and has seven children who attend school. She has a business of selling green bananas, which she has been doing for three years. She sells on a retail basis five days a week. Her major business challenges include seasonality and thieves.

Kulusum requested a loan from MCDT SACCO for 900,000 Uganda shillings, which she will use to buy more bunches of green bananas. She hopes to becoming a wholesaler and to educate her children up to university. She resides in the family house with access to electricity and piped water. Her monthly expenses include school fees 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
  • 252
    View loans »
    Uganda Loans Fundraising
  • $28,992,150
    Funds lent in using Kiva
  • 2,531.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Kulusum to purchase bunches of green bananas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2014