Resty is married to a newspaper vendor and they have six children together. All her children go to school. Resty doesn’t take care of additional family members. Resty owns a stall in Kalerwe market and sells sweet bananas in clusters. She sells clusters at 800-1500/=. She wants to use this loan to buy more bunches of sweet bananas. She doesn’t pay transport costs to and from shopping because she buys from the very place where she works. Resty has been in this business for five years and with MCDT for one and one half years, servicing her third loan. She doesn’t have any other side business. She sells to all categories of people both at retail and wholesale and works seven days a week. Resty pays monthly market dues of 20,000/=. Her business challenges include seasonality and defaulters. She aspires to open another stall in the same market. She joined MCDT to increase her capital base and it was near her place of work. Resty resides in and rents a two-room house and the family has access to electricity but no piped water. Her monthly expenses include food, school fees and rent.
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.