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Sylvia
Sylvia lives in Kampala, Uganda. She is single with five children, four of whom are attending school. She does not look after any other family members.

Syliva has been selling snacks in a retail shop for ten years, working six days a week. She has rental houses as another source of income.

She has requested a loan of 700,000 UGX from MCDT- SACCO to enable her to stock flour, cooking oil, baking powder and charcoal for making the snacks. Her challenges include thieves, seasonality and recovering money from clients who take the snacks on credit. Her dream is to be able to expand the business. Sylvia joined MCDT because of the relatively low interest charge on loans. She lives in her own house with access to electricity but no piped water. Her major monthly expenses include 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
  • 258
    View loans »
    Uganda Loans Fundraising
  • $28,992,150
    Funds lent in using Kiva
  • 2,610.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Sylvia to buy more flour, cooking oil, baking powder and charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013