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Sarah
Sarah lives in Kampala, Uganda. She is married with four children, three of whom attend school. She is not looking after any other family members. She has been selling second hand clothes in the market at retail for four years, working six days a week. She does not earn any additional income.

She has requested a loan of UGX 700,000 from MCDT- SACCO to enable her buy more bales of used clothes for sale. Her challenges include seasonality and thieves. Her dream is to expand her business and be able to sell at wholesale and also to build her own house. She joined MCDT-SACCO because of timely loans. She stays in a rented house with access to electricity but no piped water. Her major monthly expenses are rent, transport, school fees and water.

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
  • 429
    View loans »
    Uganda Loans Fundraising
  • $30,369,225
    Funds lent in using Kiva
  • 2,691.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Sarah to buy more bales of used clothes for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013