Margret K. lives in the Kisaasi neighborhood in the city of Kampala, Uganda. She is widowed and has 4 children, all of whom are in school. She also takes care of her mother.
Margret has a business of selling charcoal. She has been in this business for 4 years, and she works 7 days a week. She sells her products at the market on a retail basis. She has requested a loan of 1,500,000 UGX from MCDT SACCO, which she will use to buy more bags of charcoal.
She also generates additional income through selling clothes. The main business challenges for Margret include transportation and the rainy season. Her goals and aspirations for her business are to educate her children up to university level and to build rental rooms.
She lives in a home that she owns where she doesn’t have access to electricity but does have access to piped water. Her major monthly expenses include school fees 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.