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Leokadia
Leokadia is married with four children and all her children go to school. She also takes care of additional family (her late brother's daughter). She has a business of selling fresh cassava and has been in this business for 10 years. She has applied for a loan of 400,000 Uganda shillings from MCDT-SACCO to buy more bags of cassava. She doesn't have any other income generating activity. She works at the market and works on a retail basis only six days out of every week. Her major business challenge includes seasonality and defaulters. She is aspiring of seeing her business grow big so that she can sell on wholesale only and also start growing cassava. She resides in a rented house and the family has access to electricity but not to piped water. Her monthly expenses includes school fees and rent.

Note- She is not a teacher but they do sit in classrooms for their weekly group meetings.

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
  • 278
    View loans »
    Uganda Loans Fundraising
  • $29,556,625
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Leokadia to buy more bags of cassava.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013