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Phina
Phina is married with three children and all of her children go to school. She doesn't take care of additional family members. She has a business selling charcoal and has been in this business for nine years. She has applied for a loan of 3,000,000 Uganda shillings (UGX) from MCDT SACCO to buy more bags of charcoal. She works seven days out of every week and sells to all categories of people, but on a retail basis. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to build her own house. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include rent, feeding the family, and school fees.

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.

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About Uganda

  • $1,500
    Average annual income
  • 212
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,626.9
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,150 helped Phina to buy bags of charcoal.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2014
Listed
Jul 21, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015