Peninah B. lives in the Nakulabye neighborhood in the city of Kampala, Uganda. She is married and has four children, all of whom are in school. Peninah has a tailoring business. She has been in this business for eight years, and she works seven days out of every week. Peninah sells her products in a shop on a retail basis.
Peninah has requested a loan of 1,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more clothing materials. The main business challenges for Peninah include the rainy season and the ever-increasing prices of clothing materials. Her goals and aspirations for her business are to start selling on a wholesale basis only.
Peninah lives in a home that she owns; she has access to electricity but doesn't have access to piped water. Her major monthly expenses include 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.