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Sofia
Sofia is married with four children. All of her children are in school. Sofia also looks after other family members. Sofia resides in and owns a three-room house, and her family has access to electricity and piped water. Sofia's main monthly expense is school fees.


Formerly, Sofia dealt in charcoal, but she changed her business to a retail shop. She has been in this business for a few months. Her customers are the local people. Sofia plans to use this loan to buy more merchandise, such as bags of sugar, cartons of salt, boxes of soap, and cooking oil.


Sofia works seven days a week. She depends on this job to make a living. Sofia aspires to begin selling by wholesale only. She decided to work with MCDT in order to acquire more capital for 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.

About Uganda

  • $1,500
    Average annual income
  • 228
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,242.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Sofia to buy more merchandise, such as bags of sugar, cartons of salt, boxes of soap, and cooking oil.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2010
Listed
Jun 14, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011