A loan of $50 helped to buy more stock of "kitenge" to sell.

Siama's story

Siama M. lives in the Naguru neighborhood in the city of Kampala, Uganda. She is widowed and has three children, who are in school. She does not take care of additional family members. Siama lives in a home that she owns; she has access to electricity and piped water. Her major monthly expenses include food and school fees.

Siama has a business selling charcoal and local clothes (kitenge). She has been in this business for five years. She works six days out of every week. She is requesting a loan of 100,000 Ugandan shillings from MCDT SACCO, which she will use to buy more stock of kitenge to sell. Siama also generates additional income through rental houses. The main business challenges for Siama include seasonality. Her goals and aspirations are to expand her business and support her children.

This loan is administered by MCDT SACCO, a savings and credit institution that uses the Grameen Bank model of solidarity lending. MCDT's cooperative structure also affords clients the opportunity to own shares of the organization and benefit from its financial performance. 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. 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.

Loan details

Lenders and lending teams

Loan details