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Sikola
Sikola runs a restaurant business in a rented space at the local market. She works six days a week and has operated her business for the last six years. Her major challenges include transportation and seasonality.

Sikola lives with her husband and their two children in Kampala. Both the children attend school. She also helps to support two additional family members. The family lives in a house that does not have access to electricity or piped water. Sikola's primary monthly expenses include school fees and rent.

She has requested a loan in the amount of 400,000 Ugandan shillings from MCDT SACCO. She will use her loan funds to buy bunches of green bananas as well as rice, beef, chicken, beans, and cooking oil.

Her goal is to see her children educated to the university level.

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
  • 258
    View loans »
    Uganda Loans Fundraising
  • $29,230,350
    Funds lent in using Kiva
  • 2,645.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Sikola to buy bunches of green bananas as well as rice, beef, chicken, beans, and cooking oil.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2014
Listed
Jul 14, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014