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Kasifa
Kasifa N. lives in Nalukolongo in the neighborhood in the city of Kampala, Uganda. She is widowed and has 6 children, two of whom are in school. Kasifa has a business of selling yellow bananas. She has been in this business for over 10 years, and she works 7 days out of every week. She sells her products at the market, by means of retail.

Kasifa has requested a loan of 500,000 Ugandan shillings from MCDT SACCO, which she will use to buy more bales and clusters of bananas. She also generates additional income through rental rooms.

The main business challenge(s) for Kasifa include thieves and seasonality. Her goals and aspirations for her business are going directly to farmers for bananas. Kasifa lives in a home that she owns; she has access to electricity and has access to piped water. Her major monthly expenses include utility bills, 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
  • 361
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,255.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Kasifa buying bananas for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2010
Listed
Aug 28, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011