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Teopista
Teopista is married with five children, four of whom go to school. She lives in Kampala, Uganda and also has grandchildren. For the past ten years, Teopista has sold cassava chips and chapatti. She also gets additional income from tailoring. Teopista works seven days a week and her major business challenges are seasonality and the increasing prices of cooking oil and transportation. She lives in a rented house and the family has access to running water. Teopista's major expenses include rent, electricity, and school fees.

Teopista is requesting a 200,000 UGX loan from MCDT – SACCO to buy cooking oil, flour, and materials for making clothes. Her goals and aspirations are to have a shop for her business and to educate her children through university.

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
  • 307
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Teopista to buy cooking oil, flour, and materials to make clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Aug 19, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013