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Teopista
Teopista lives in Kampala, Uganda. She is married with five children, four of whom go to school. She takes care of two additional family members (mother and sister). She sells sweet bananas at the market on a retail basis. She also gets additional income from working as a sweeper with the Kampala Capital City Authority (KCCA) . She works seven days a week, and she has been in this business for the last 7 years. She has requested a loan of 900,000 Ugandan shillings from MCDT SACCO to buy bunches of sweet bananas. Her major business challenges are thieves and seasonality. Her goals and aspirations are to buy a plot of land and build a house and also to start going to villages for sweet bananas. She lives in a rented house, and the family has access to electricity but does not have access to piped water. Her major monthly expenses include food 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

  • $1,500
    Average annual income
  • 374
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,305.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Teopista to buy more bunches of sweet bananas to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2012
Listed
Feb 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012