Kasifa N. lives in Nalukolongo in the neighborhood in the city of Kampala, Uganda. She is widowed and has 6 children, two of whom are in school. Kasifa has a business of selling yellow bananas. She has been in this business for over 10 years, and she works 7 days out of every week. She sells her products at the market, by means of retail.
Kasifa has requested a loan of 500,000 Ugandan shillings from MCDT SACCO, which she will use to buy more bales and clusters of bananas. She also generates additional income through rental rooms.
The main business challenge(s) for Kasifa include thieves and seasonality. Her goals and aspirations for her business are going directly to farmers for bananas. Kasifa lives in a home that she owns; she has access to electricity and has access to piped water. Her major monthly expenses include utility bills, 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.