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Sarah
Sarah is widowed with three children and all her children go to school. She also takes care of additional family members. She has a business of selling popcorn. She has applied for a loan of 2,000,000 Uganda shillings from MCDT-SACCO to buy more maize for making popcorn. She generates additional income through selling charcoal and chicken. She works at the market and has been in this business for five years and sells on a retail basis only. Her major business challenge includes seasonality and transportation. She is aspiring of becoming a wholesaler and also to open up another branch selling popcorn. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include 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

  • $1,500
    Average annual income
  • 256
    View loans »
    Uganda Loans Fundraising
  • $29,237,175
    Funds lent in using Kiva
  • 2,672.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sarah to buy more maize for making popcorn.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013