For the past 11 years, Adella has operated a retail shop business. She also generates additional income by hiring out her motorcycle. Adella has applied for a loan of 2,500,000 UGX from MCDT-SACCO to buy more bags of sugar, cartons of salt, boxes of soap, jerrycans of cooking oil and bags of bread. Adella sells to all categories of people and works seven days a week. Her major business challenges include seasonality and transportation of commodities from Kikuubo in Kampala to her shop. Adella hope to see her business expand to a wholesale shop and to build rental rooms.
About MCDT SACCOThis 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.
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Success!! The loan was 100% repaid