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Sarah
Sarah is married with five children, and all her children go to school. She also takes care of additional family members (sisters). She has a business of selling phone accessories and has been in this business for 1½ years.

Sarah has applied for a loan of 2,000,000 Uganda shillings from MCDT-SACCO to buy more phone batteries, phone chargers and airtime. She generates additional income through bananas (green). She works in a shop and sells on a retail basis for seven days out of every week. Her major business challenges include transportation and seasonality.

She aspires to become a wholesaler and also to build rental rooms. 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
  • 430
    View loans »
    Uganda Loans Fundraising
  • $30,369,225
    Funds lent in using Kiva
  • 2,597.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Sarah to buy more phone batteries, airtime and phone chargers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013