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Sarah
Sarah is married with four children and all her children go to school. She has no additional family members. She sells charcoal from home. She sells her goods to all kinds of people on a retail basis. She has been in this business for 15 years. She works seven days a week. She gets additional income from selling cooking oil. She has applied for a loan of UGX 600,000 from MCDT-SACCO to buy more bags of charcoal. Her major business challenges include transportation and seasonality.

Sarah aspires to sell wholesale, build rental rooms, and educate her children up to university level. She resides in her own house and the family has access to electricity and does not have access to 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

  • $1,800
    Average annual income
  • 285
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,545.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Sarah to buy more bags of charcoal.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014