Margret N. lives in the Nakulabye neighborhood in the city of Kampala, Uganda. She is single and has two children, both of whom are in school. Margret has a restaurant. She has been in this business for ten years, and she works seven days a week. She also has a transportation business (motorcycle for hire) as an additional source of income. Margret has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO which she will use to buy more bunches of bananas, cassava, beef, rice, Irish potatoes and chicken.
The main business challenge for Margret is seasonality. She lives in a home that she owns; she has access to electricity and to piped water. Her major monthly expense is rent.
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.