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Sarah
Sarah is married with six children and only two of her children go to school. She also takes care of additional family members (cousins). She has a business selling charcoal and has been in this business for 10 years, selling to all categories of people, retail. She has applied for a loan of Uganda shillings from MCDT-SACCO to buy more bags of charcoal. She generates additional income from rental houses. She works seven days a week from her home.

Sarah's major business challenges include transportation and thieves. She is aspiring of becoming a wholesaler and also building more rental houses. She resides in her own house and the family has access to electricity but not to piped water. Her monthly expenses includes school fees and feeding the family.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,667.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sarah to buy more bags of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013