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Teopista
Teopista lives in Uganda. She is single with 4 children and all go to school. Teopista sells roasted maize from home on a retail basis. She has been in business for the last 7 years and works 7 days a week. She has requested a loan of 800,000 UGX from MCDT SACCO to buy more fresh maize.

Her goals are to build her own shop and also expand her business. Her major business challenges are transportation and seasonality. Teopista lives in a rented house. The family does not have access to piped water or electricity. Her monthly expenses are rent, medication 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

  • $1,800
    Average annual income
  • 304
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,730.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Teopista to buy more baskets of fresh maize for roasting.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 15, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012