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Sarah
Sarah lives in Kampala, Uganda. She is married and has two children, both of whom are in school. She also takes care of additional family members (sisters and brother). Sarah has a business selling charcoal. She has been in this business for 10 years and she works six days out of every week. Sarah sells her products from home, by means of wholesale. She has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy bags of charcoal. She also generates additional income through rental houses.

The main business challenges for Sarah include transportation and seasonality. Her goals and aspirations for her business are to own a delivery van for easier transportation and also to build more houses for renting. Sarah lives in a home that she owns; she has access to electricity and has access to piped water. Her major monthly expenses include feeding the family 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

  • $1,500
    Average annual income
  • 232
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,315.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Sarah to buy bags of charcoal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2012
Listed
Feb 15, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012