Hope lives in Uganda. She is single and has one child who is in school. She also takes care of additional family members (eight orphans from her late sister). Hope has a business selling local medicine. She has been in this business for four years and she works seven days out of every week. Hope sells her products door-to-door, by means of retail. Hope has requested a loan of 500,000 Ugandan shillings from MCDT SACCO, which she will use to buy more bottles and tins of powdered local medicine. The main business challenge(s) for Hope include defaulters and seasonality. Her goals and aspirations for her business are to get a permanent business premise, to be a wholesaler and to buy a plot in order to build her own house. Hope lives in a home that she rents. She has access to electricity and piped water. Her major monthly expenses include school fees 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.