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Faith
Faith lives in Kampala, Uganda. She is married with two children, one of whom attends school. She is looking after her parents as well.

Faith has been selling cooked food in the market at retail for five years, working seven days a week. She does not have any other side job.

She has requested a loan of 150,000 Ugandan shillings from MCDT-SACCO to be able to buy cooking utensils and also stock rice, cooking oil, spices and flour. Her challenges include seasonality and transportation.

Faith’s dream is to grow her business and be able to operate in another area, thus accumulating profits for building rental houses. She joined MCDT because her friends assured her that MCDT-SACCO would give her loans as promised.

Faith stays in her husband`s 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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,667.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Faith to buy more cooking utensils and also rice, bunches of bananas, spices and flour.
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:
Aug 17, 2013