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Sumiini
Sumiini lives in Uganda. She is married with eight children, all of whom are in school. Sumiini has a retail shop. She has had this business for less than one year, and works seven days out of every week.
Sumiini has requested a loan of 1,500,000 Ugandan Shillings from MCDT SACCO. She will use the money to buy more bags of sugar, cartons of salt, boxes of soap and a bag of maize flour. She also generates income through a restaurant and selling piped water. Her main business challenges include transportation and seasonality. Her goals and aspirations for the business are to start growing sugar cane and also to sell wholesale.
Sumiini lives in a home that she owns. She has access to electricity and doesn't have access 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
  • 229
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,760.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Sumiini to buy more bags of sugar, cartons of salt, boxes of soap and a bag of maize flour.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Possible
Ended:
May 19, 2012