Florence is divorced with five children and all her children go to school. The family lives in a three-room house and they have access to electricity and piped water. Her monthly expenses include school fees, food and utility bills. She owns a stall at her home in Kawempe selling bananas and buys these bananas from delivery vans, which get them from the villages. She has been in this business for a long time. Florence wants to use this loan to buy more bunches of bananas. Besides this banana business, she is also a poultry farmer and even owns rental rooms. Her customers are the community around her home. Florence works seven days a week. Her business challenges are seasonal (like high banana prices) and defaulters. She aspires to educate her children up to university and to start going to Masaka for bananas. She joined MCDT because it was the first MFI to reach out to poor women.
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.