Olivia is widowed with three children and two of her children go to school. She also takes care of additional family members (grandchildren). She operates a retail shop and has been in this business for 13 years. She works seven days a week. She has applied for a loan of 500,000 Uganda shillings from MCDT SACCO to buy cooking oil, bags of sugar, cartons of salt, flour and rice. She works from home and sells to all categories of people but on retail. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to build rental houses. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses includes school fees and paying for electricity 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.