Sofia lives in Kampala, Uganda. She is married and has four children, none of whom are in school. She also takes care of additional family members (her parents). Sofia has a retail shop. She has been in this business for less than one year, and she works 7 days out of every week. Sofia sells her products in her shop, by means of retail. Sofia has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of sugar, cartons of salt, boxes of soap and jerrycans of cooking oil.
The main business challenges for Sofia include seasonality and transportation. Her goals and aspirations for her business are to own a wholesale shop and to buy a motor van to ease transportation. Sofia lives in a home that she owns; she has access to electricity and piped water. Her major monthly expenses include school fees and paying 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.