Betty lives in Uganda. She is married and has six children, two of whom are in school. Betty lives in a home that she rents; she has access to electricity but no piped water. Her major monthly expenses include medication, rent and school fees
Betty has a business selling second hand clothes. She has been in this business for six years, and she works seven days a week. She sells her products at the market, by means of retail. Betty has requested a loan of 800,000 Ugandan Shillings from Kiva partner, MCDT SACCO, which she will use to buy more bales of used clothes. The main business challenges for Betty include seasonality and thieves. Her goals and aspirations for her business are to start selling wholesale only and also to buy a plot of land.
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.