Betty is married with three children and all her children go to school. She also take care of a young brother. She lives in and rents and a two-roomed house and the family has access to electricity and piped water. Her monthly expenses includes school fees, rent and food.
Betty sells African attire and sells to all categories of people both retail and wholesale. She sells door–to-door and so doesn’t have a permanent business premises. She has been in this business for four-and-a-half years, working six days a week.
Betty joined MCDT because of the low interest rate charged. She wants to use this loan to buy more rolls of African fabric (bitenge). Formerly she was buying this from Arua but shifted to the Democratic Republic of Congo. She uses public transport to and from buying her goods.
Betty’s business challenges include transportation, defaulters and the rainy season which hinders her movements. She is aspiring to selling wholesale only and also wants to buy a plot of land.
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.