Irene is married with five children and all her children go to school. She also takes care of additional family members (mother and sister's children).
She has a business stall selling Irish potatoes and sweet potatoes. She has been in this business for ten years and sells to all categories of people but on retail. She has applied for a loan of 800,000 from MCDT-SACCO to buy more bags of sweet potatoes and Irish potatoes. She doesn’t have any other income generating activity. Her major business challenges include transportation and seasonality.
She aspires to see her business grow so that she becomes a wholesaler and also to build rental rooms on her plot of land. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include rent, 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.