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Sarah
Sarah is married with four children and all of her children go to school. She doesn’t take care of any additional family members. She has a retail shop and has been in this business for 10 years. She has applied for a loan of 25,000,000 Uganda shillings from MCDT SACCO to buy more bags of sugar, cartons of salt, and boxes of soap, cooking oil, and bags of bread, maize flour, and rice. She doesn’t have any other income generating activity.

Sarah resides in the family house and the family has access to electricity and piped water. She works seven days out of every week and sells on a retail basis only. Her major business challenges includes seasonality, transportation, and the ever-increasing price of commodities in Uganda. She aspires to selling wholesale only and also to owning a delivery van to ease transportation. Her monthly expenses include school fees and paying for utility bills.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,090,750
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Sarah to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil, bags of bread, maize flour, and rice.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013