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Mariam
Mariam is married with five children, four of whom go to school. She also takes care of an additional family member (sister). She has a business of selling maize flour and soda and has been in this business for many years. She has applied for a loan of 1200000 Uganda shillings from MCDT-SACCO to buy bags of maize flour and crates of soda. She generates additional income from a beauty salon. She works in a shop six days out of every week and sells wholesale. Her major business challenges include transportation and seasonality. She is aspiring of owning a delivery van to ease her transportation challenge and also to educate her children up to university. She resides in the family house and the family has access to electricity and piped water. Her monthly expenses includes school fees and rent for her business premises .

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.

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About Uganda

  • $1,500
    Average annual income
  • 266
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,615.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $475 helped Mariam to buy more bags of maize flour and crates of soda.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2014
Listed
Aug 22, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015