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Sofia
Sofia lives in Uganda. She is married and has five children, all of whom are in school. Sofia has a retail shop. She has been in this business for 8 months, and she works 7 days out of every week. Sofia sells her products in a shop, by means of retail. Sofia has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of sugar, cartons of salt, and boxes of soap.

The main business challenges for Sofia include seasonality and transportation and ever increasing prices. Her goals and aspirations for her business are to own a wholesale shop. Sofia lives in a home that she owns; she has access to electricity and piped water. Her major monthly expenses include school fees and rent.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,780.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Sofia to buy more bags of sugar, cartons of salt, and boxes of soap.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012