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Sofia
Sofia N. lives in the city of Kampala, Uganda. She is married and has five children, all of whom are in school. Sofia has a business of a retail shop . She has been in this business for five months, and she works seven days out of every week. Sofia has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more merchandise, like bags of sugar, baking flour, and cooking oil. The main business challenges for Sofia are the rainy season and transportation of merchandise from Kiuuubo in Kampal City to her shop in Ndeeba .

Sofia lives in a home that she owns. She has access to electricity but not to piped water. Her major monthly expenses include school fees and feeding the family.

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
  • 307
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,405.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Sofia to buy more merchandise, like bags of sugar, cartons of salt , baking flour, maize flour and cooking oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2011
Listed
Mar 18, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011