Florence N. lives in the Nakulabye neighborhood in the city of Kampala, Uganda. She is married and has four children, all of whom are in school. Florence has a cosmetics store. She has been in this business for five years, and works six days a week. Florence sells her products in a retail shop. Florence has requested a loan of 500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy boxes of creams and relaxer braids. The main business challenges for Florence include the rainy season and transportation of boxes of cosmetics from Kikuubo in the city of Kampala to her shop in Nakulabye. Her goals and aspirations for her business are to own a fully stocked cosmetics shop and a bridal salon. Florence lives in a home that she rents; she has access to electricity, but not to piped water. Her major monthly expenses include rent, food and medication.
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.