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Sarah
Sarah is married with five children, and all of her children go to school. She also takes care of additional family members (mother and father). She has a business of selling cellular phones and phone accessories. She has applied for a loan of 2,000,000 Ugandan Shillings from MCDT SACCO to buy more cellular phones, batteries, and phone chargers. She has been in this business for 2 years. She works seven days a week and sells to all categories of people on a retail basis. Her major business challenges include transportation and seasonality. She generates additional income from rental houses. She aspires to be fully stocked with cellular phones and their accessories. She resides in her own house, and the family has access to piped water and electricity. Her monthly expenses include school fees, utility bills, and medication.

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
  • 258
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,455.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Sarah to buy more boxes of cellular phones, batteries, and phone chargers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012