Betty is a 46-year-old married woman with four children between the ages of 13 and 22 years. All her children go to school. She owns a five-room house where she lives with seven people. The family has access to electricity but no piped water. Her monthly expenses include school fees and medication.
Betty has been in her business for six years and with MCDT for ten years, now on her 17th loan working with the same group mates. Betty hopes to see her business grow stronger and wants to start selling only wholesale.
About MCDT SACCOThis 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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Success!! The loan was 100% repaid