Teopista lives in Kampala, Uganda. She is widowed and has 8 children, one of whom is in school. She also takes care of additional family members.
Teopista has a food stall business selling charcoal and bananas. She has been in this business for 7 years and works 7 days a week. Teopista sells her products at the market, by means of retail.
Teopista has requested a loan of 1500,000 Ugandan Shillings from MCDT SACCO to buy bags of charcoal and bunches of bananas. The main business challenges for Teopista include seasonality, defaulters and thieves.
Her goals and aspirations for her business are to become a wholesaler and to own a her own house. Teopista lives in a home that she rents; she doesn't have electricity and has access to piped water. Her major monthly expenses include school fees, rent and feeding her 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.