Nantaba Aisha Group
She sells Irish potatoes in the market where she rents a stall to display her potatoes. She works seven days a week.
She has run this business for over twenty years, receiving about twenty customers in a day. Her main challenge is that there are many others selling potatoes like her, so they have to share the customers.
N. Aisha has worked with MCDT for twelve years now and she has received twenty-three loans from MCDT. She
chose to work with MCDT because their services were available nearby. She will use this loan to increase her supply of potatoes. She wants to be able to pay fees for her children until they complete school.
About MCDT SACCOThis 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.
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