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Cissy
Cissy is married and has two children. Both of her children go to school. She doesn’t take care of additional family members. She resides in her own house, and the family has access to both electricity and piped water. Her monthly expenses include school fees and electricity bills.

She has a business selling second-hand clothes and shoes. She has been in this business for eight years. She works at the market five days out of every week. Her major business challenges include seasonality and thieves. She has applied for a loan of 1,000,000 Ugandan shillings (UGX) from MCDT-SACCO. She will use the loan to buy more bales of used clothes. She is aspiring to one day be a seller at wholesale only, and also to build rental housing.

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
  • 212
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,574.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Cissy to buy more bales of used clothes to resell at the market.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013