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Teopista
Teopista is married with five children, three of whom go to school. She also takes care of additional family members (grand children). She has a business of poultry farming and has been in this business for 20 years, selling to all categories of people on both a retail and wholesale basis. She also generates additional income from selling chicken feed. She works from home seven days of the week. She has applied for a loan of UGX 2,000,000 from MCDT SACCO to buy more bags of chicken feed. Her major business challenges include transportation, thieves and seasonality. She aspires to own a fully-stocked shop selling chicken feed and also to sell on wholesale only. 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
  • 155
    View loans »
    Uganda Loans Fundraising
  • $28,666,600
    Funds lent in using Kiva
  • 2,635.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Teopista to buy more bags of chicken feed.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Mar 26, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013