Regina N. lives in the Nakulabye neighborhood of the city of Kampala, Uganda. She is single and has two children, both in school. She also takes care of additional family members. She lives in a home that she owns and has access to electricity and piped water. Her major monthly expenses include food, school fees and medication.
Regina has a business selling fruits and vegetables and she has been in this business for ten years, working six days per week. She sells her products at the market, both wholesale and retail. The main business challenges for Regina include transportation and perishability. She also generates additional income from rental rooms.
Regina has requested a loan of 2,000,000 Ugandan shillings from MCDT SACCO, which she will use to buy more sacks of water melons, passion fruits and pineapples.
Regina’s goals and aspirations for her business are to see her business grow and to earn enough profits to build more rental rooms and educate her children up to university level.
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.