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Farida
Farida N. lives in the Kalerwe neighborhood in the city of Kampala, Uganda. She is married and has three children, one of whom is in school. Farida has a business selling sugar cane. She has been in this business for six years and she works 7 days out of every week. Farida sells her products in a market at retail. Farida has requested a loan of 500,000/- Ugandan Shillings from MCDT SACCO, which she will use to buy more bundles of sugar cane. The main business challenge(s) for Farida include seasonality and transportation. Her goal and aspiration for her business are to start growing sugar cane herself. Farida lives in a home that she rents without electricity or piped water. Her major monthly expenses include rent 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

  • $1,500
    Average annual income
  • 362
    View loans »
    Uganda Loans Fundraising
  • $30,344,450
    Funds lent in using Kiva
  • 2,282.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Farida to buy more bundles of sugar canes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Oct 29, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011