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Kasifa
Kasifa is a single mother of two children and her children go to school. She also takes care of her mother and her grand children. She owns a stall in Kalerwe market selling second hand clothes. Kasifa wants to use this loan to buy more bales of second hand clothes. She buys bales of clothes from Owino market, one of the busiest markets in Uganda, and uses public transport to and from shopping. She has been in this clothing business for ten years. Besides this clothing business she sells piped water from her home.

Kasifa stays in Mulago Zone in Kawempe Division and works six days a week. Her business challenges include transportation and defaulters. She aspires to buy a plot of land. She decides to join MCD T to acquire enough capital for her clothing business. Kasifa resides in and owns a four roomed house and the family has access to electricity and piped water. Her monthly expense includes food and school fees.

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
  • 190
    View loans »
    Uganda Loans Fundraising
  • $29,133,525
    Funds lent in using Kiva
  • 2,250.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Kasifa to buy more bales of second hand clothes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2010
Listed
Jul 21, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010