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Teopista
Teopista is married and has seven children, two of her children go to school. She also takes care of additional family members (grandchildren).

Teopista has a business of a market stall and has been in this business for 13 years. She doesn’t have any other income generating activity. She has applied for a loan of 1,300,000 Ugandan shillings from MCDT-SACCO to buy more bunches of green bananas, tomatoes, onions, mangoes, Irish potatoes and cassavas to sell. She works at the market six days out of every week and sells on retail basis only. Her major business challenge includes seasonality and transportation. She is aspiring of owning a delivery van to ease in transportation and also to become a wholesaler.

Teopista resides in a rented house and the family has no access to electricity and piped water. Her monthly expenses includes school fees and rent.

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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,672.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Teopista buy fruits and vegetables to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 21, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013