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Sarah
Sarah is married with three children and all her children go to school. She doesn’t take care of additional family members. She has a business of selling soft drinks .She has been in this business for 10 years selling to all types of people on a retail and wholesale basis. She generates additional income from rental rooms. She has applied for a loan of 1,300,000 Uganda shillings from MCDT-SACCO to buy more crates of soda, boxes of mineral water and passion fruits. She works six days out of every week in a shop that she rents. Her major business challenges include seasonality and thieves. She aspires to start supplying fruit juice to other shops and also to educate her children up to university. 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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $29,205,025
    Funds lent in using Kiva
  • 2,640.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Sarah to buy more crates of soda, boxes of mineral water and passion fruits.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013