Olivia lives in Kampala, Uganda. She is married and has four children, two of whom are in school. Olivia has a bakery. She has been in this business for five years, and she works 6 days out of every week.
Olivia sells her products in a shop, retail. Olivia has requested a loan of 700,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more baking flour, cooking oil and baking powder. She also generates additional income through selling airtime and having a pay phone.
The main business challenges for Olivia include transportation and seasonality. Her goals and aspirations for her business are to own a big bakery and also to become a wholesaler.
Olivia lives in a home that she rents; she doesn't have access to electricity or to piped water. Her major monthly expenses include rent and school fees.
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.