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Hasifa
Hasifa lives in the city of Kampala, Uganda. She is married and has 5 children, all of whom are in school, and she also takes care of additional family members (father). Hasifa has operated a restaurant for 3 years, and she works 6 days out of every week. She sells her products at the market. Hasifa has requested a loan of 700,000 UGX from MCDT SACCO to buy more bananas, beef, rice and sweet potatoes.

Hasifa also generates additional income selling soft drinks. Her main business challenges include the ever-increasing prices of food and thieves. Her goals and hopes for her business are to own a fully stocked restaurant and to build her own rental house. Hasifa lives in a home that she rents; she has no access to electricity nor to piped water. Her major monthly expenses include school fees and food for 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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,390.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Hasifa to buy more foodstuffs such as bananas, beef, rice and sweet potatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 2, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011