Betty lives in Uganda. She is married and has 3 children, all of whom are in school. Betty has a business of selling secondhand clothes. She has been in this business for 4 years, and she works 7 days out of every week. She sells her products at the market, by means of retail.
She has requested a loan of 1,500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bales of secondhand clothes. She also generates additional income through a pub. The main business challenges for Betty include seasonality and thieves. Her goals and aspirations for her business are to start selling at wholesale only, to open up another shop selling clothes, and also to build rental rooms.
Betty lives in a home that she rents where she has access to electricity and to 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.