Margaret lives in Kampala, Uganda. She is married and has 6 children, all of whom are in school. She doesn’t have to take care of additional family members. Margaret has a business of selling used clothes. She has been in this business for 8 years, and she works 7 days out of every week. Margaret sells her products at the market, by means of retail. Margret has requested a loan of 2000000 Ugandan Shillings from MCDT SACCO, which she will use to buy bales of used clothes. She also generates additional income through selling piped water.
The main business challenge(s) for Margaret include seasonality and transportation. Her goals and aspirations for her business are to start importing used clothes and to buy a motor van for ease in transportation. Margaret lives in a home that she owns; she has access to electricity and has access to piped water. Her major monthly expenses include school fees and paying for utility bills.
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.