Monica is married with three children. All of her children go to school. She takes care of additional family members. She has the business of selling African attires. She has applied for a loan of 700,000 Ugandan Shilling from MCDT SACCO to buy more African attire. She has been in this business for seven years and sells in a rented shop. She works six days a week. Monica aspires to see her business grow big so that she can start importing African attire from the Democratic Republic of Congo (DRC) and also build her own house. Her business challenges include seasonality and transportation. She resides in a home that she rents and the family doesn’t have access to electricity and piped water. Her monthly expenses include rent, school fees, and feeding the 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.