Florence lives in Uganda. She is married and has 4 children. All her children are in school. Florence lives in a home that she rents. She has access to electricity but doesn't have access to piped water. Her major monthly expenses include school fees, rent, and electricity bills.
Florence has a business of selling bananas. She has been in this business for 5 years. She works 7 days a week. Florence sells her products at a market, by means of wholesale and retail. She also generates additional income by selling second hand clothes. The main business challenges for Florence include transportation and seasonality. Her business goals and aspirations are to become a wholesaler and to own a delivery van in order to minimize transportation costs.
Florence has requested a loan of 500,000 Ugandan shillings from MCDT SACCO. She will use the funds to buy more bunches of bananas.
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.