Teopista K. lives in the Naguru neighborhood in the city of Kampala, Uganda. She is widowed and has four children, two of whom are in school.
Teopista has a business of selling yellow and sweet bananas. She has been in this business for over 10 years, and she works seven days out of every week. Teopista sells her products at the market, by means of retail.
Teopista has requested from MCDT SACCO a loan of 50,0000 Ugandan Shillings, which she will use to buy more bunches of sweet and yellow bananas. The main business challenges for Teopista include competition and seasonality. Her goals and aspirations for her business are to start selling on a wholesale basis only and to start buying from farmers directly.
Teopista lives in a home that she owns; she has access to electricity and has access to piped water. Her major monthly expenses include medication, school fees, utility bills and feeding the family.
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.