Teopista is married to a sugarcane seller in Nalukongo. They have five children and only one is in school. She doesn’t take care of additional family members. She resides in and rents a one-room house where she stays with four people. She works with her husband in sugarcane and she also sells timber. She incurs transport costs to and from buying sugarcane from the villages. She uses public transport and goes shopping once a week. Teopista's business challenges include transportation of sugarcane from the villages to her stall, defaulters and the rainy season, which makes roads impassable. She sells at both retail and wholesale. Teopista joined MCDT because she wanted to increase her capital base and because MCDT was working with poor women. She wants to use this loan to buy more sugarcane and invest partly in timber. She aspires to see her business grow big and start supplying different customers.
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.