Fatuma N. lives in the Nalukolongo neighborhood in the city of Kampala, Uganda. She is married and has 10 children, all of whom are in school. Fatuma has a business selling bananas. She has been in this business for 10 years, and she works 7 days out of every week. Fatuma sells her products retail, at the market.
Fatuma has requested a loan of 1,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more, bunches of bananas. She also generates additional income through selling piped water.The main business challenges for Fatuma include transportation and the rainy season . Her goals and aspirations for her business are to own a delivery van and also educate her children up to university.
Fatuma lives in a home that she owns; she doesn't have access to electricity or 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.