Check out some available loans that are similar to this one!
Nabaterrega  Suliana Group
In this Group: Nabaterrega , Nakakande , Nassiwa , Namuyomba
Nabaterrega S. is a 50-year-old single mother of nine, with children aged 14 to 30. She rents a two-room house where she lives with her family. She also takes care of additional family members and the family has three meals a day. Her greatest expense in a month is tuition fees for her children.


She sells chicken on a retail basis in the market and rents the space where she does business. She works seven days a week and has about five customers a day. She has done this business for seven years now and has not done any other business.


The main challenge she faces in her business is that people buy chicken seasonally, especially during the festive season. She has worked with MCDT for ten years and has received 20 loans from MCDT so far. The reason why she chose to work with MCDT is because it lends to the poor. She will use this loan to increase her stock, and she also hopes to continue growing her business.

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
  • 276
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,020.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A portion of Nabaterrega Suliana Group's $650 loan helped a member increase her stock and grow her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2009
Listed
Mar 16, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2009