Rose is a single mother of three children and only one of her children goes to school. She has a business selling charcoal and sells to all categories of people on retail. She has applied for a loan of 1,000,000 Uganda shillings from MCDTSACCO to buy more bags of charcoal. She has been in this charcoal business for ten years. She works at the market and works six days a week. She doesn’t have any other income-generating activity. Her major business challenges include transportation, thieves, and seasonality. She aspires to become a wholesaler, to get a delivery van to ease in transportation, and to build her own house. She resides in a rented house and the family has access to electricity and no piped water. Her monthly expenses include rent and school fees.
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.