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Sumini
Sumini is married with 8 children and all her children go to school. She also takes care of additional family members (her sister and brother). She has a retail shop and has requested a loan of 3,000,000 Ugandan shillings from MCDTSACCO to buy more crates of soda, rice, maize flour, bags of sugar, cartons of salt, boxes of soap, and cooking oil. She has been in this business for 2 years. She works in the
shop seven days a week and sells on retail basis. Her major business challenges include transportation, seasonality, and defaulters. She is aspiring to become a wholesaler and also to own a delivery van to help with transportation. She resides in her own house and her family has access to electricity and piped water.

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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,647,875
    Funds lent in using Kiva
  • 2,567.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Sumini to buy more crates of soda, rice, maize flour, bags of sugar, cartons of salt, boxes of soap, and cooking oil .
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014