Margaret is a single mother of three children who all go to school. She doesn’t take care of any additional family. She goes door to door selling second-hand clothes. She wants to use this loan to buy more bales of second-hand clothes. Margaret buys bales of second-hand clothes from Owino market, one of the busiest markets in Uganda, and uses public transport to and from shopping. She has been in this business for five years.
Besides this clothing business she also owns a poultry farm at her home. Her customers are the local people, and she works six days a week. Her business challenge is the rainy season which hinders her movements. She aspires to getting a permanent business premise. She joined MCDT because she wanted additional capital to boost her business. She resides in and owns a three-roomed house, which has neither electricity nor piped water. Her monthly expenses includes food and school fees.
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.