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Sarah
Sarah is married with five children and all her children go to school. She resides in and owns a five-room house. Her home acts as the Center meeting place. She owns a charcoal store at home in Kisaasi central zone and sells to all categories of people. She wants to use this loan to buy more bags of charcoal. She buys bags of charcoal from her home and doesn’t incur any transport costs. She has been in this business for a long time. Sarah works seven days a week. She aspires to educate her children up to university and start investing in second hand clothes. She joined MCDT because it was helping poor women. The family has access to electricity and piped water. Her monthly expenses include school fees and food.

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

  • $1,800
    Average annual income
  • 271
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,274.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Sarah to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2010
Listed
May 24, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010