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Farida
Farida lives in Kampala, Uganda. She is married with six children, and three of them attend school. She is also looking after her sibling.

Farida has been selling yellow bananas at retail from home for the last eight years, working seven days a week. She also earns income from rental houses. She has requested a loan of UGX 500,000 from MCDT- SACCO to enable her buy more bunches of sweet bananas for sale. Her challenges include seasonality.

Her dream is to capture a bigger market in her area and accumulate profits for bigger projects. She joined MCDT because it was easy for her to become a member. She lives in her husband's house with access to electricity but no piped water. Her major monthly expenses are 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
  • 267
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,691.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Farida to buy more bunches of sweet bananas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013