Rose is widowed with six children who all go to school. She does not take care of any additional family members. For the past five years, she has run a business selling charcoal and she sells both retail and wholesale. Rose generates additional income by selling used clothing and she works seven days a week from home. Her major business challenges include thieves and the rainy season, which hinders her customers. Rose lives in a home that she owns and has access to electricity and running water. Her monthly expenses include school fees and utility bills.
Rose is requesting a 500,000 UGX loan from MCDTSACCO to buy more bags of charcoal. She aspires to grow her business so that she can become a wholesaler and she wants to educate her children through university.
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.