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Sarah
Sarah is a single mother of two children who both go to school. She also takes care of three cousins. She has a business selling bananas and has been in this line of work for 10 years. She works from her home seven days a week and has applied for a loan of 1,600,000 from MCDT-SACCO to buy more of bunches of green bananas. She generates additional income through selling used clothes. Her major business challenges include seasonality thieves and defaulters. She is aspiring of becoming a wholesaler and also to build her own house. She resides in a rented house and the family has 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

  • $1,800
    Average annual income
  • 264
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,582.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Sarah to buy more bunches of green bananas.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013