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Saidat
Saidat is married with five children; none of her children go to school. She also takes care of an additional family member. (Grandchild). She has a tailoring business and has been doing this for 30 years. She has applied for a loan of 2,000,000 Uganda shillings from MCDTSACCO to buy more rolls of clothing materials (fabric), threads and an electric sewing machine. She generates additional income through selling green bananas. She works in a shop that she rents and works six days a week and sells both wholesale and retail. Her major business challenges include thieves, late payers and ever increasing prices of clothing materials. She has aspirations of owning a tailoring school and also to sell only wholesale. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent, paying for utility bills 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
  • 272
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Saidat to buy more rolls of clothing materials (fabrics).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Jan 26, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013