Edith is a vegetable and fruit vendor. She owns a stall at Nakawa market in the city suburbs where she sells her wares. She buys her fruits and vegetables from the very market where she works and therefore does not incur any transport costs during purchasing. She has been in this business for ten years. In addition to her market stall, she owns a small retail shop at her home which brings in some additional income.
She sells her wares at retail prices and works seven days a week. Her business challenges are seasonality and defaulters. She aspires toward a business model where she would eventually sell her wares directly to farmers. She also hopes someday to build her own house.
She decided to join MCDT because they were giving out timely loans at low interest. She would like to use this loan of 800,000 to buy more baskets of mangoes, oranges, pineapples, cabbages, and yellow bananas.
Edith resides in a rented two-roomed house with her husband and six children. All their children attend school. She also takes care of additional family members. The family has access to electricity and piped water. Her monthly expenses include food, rent, 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.