Victo lives in Kampala, Uganda. She is a widow with four children, two of whom are in school. She has additional family members (grandchildren).
Victo sells secondhand clothes. She runs her business on a retail basis from her home. Victo has been in this business for the last six years. She also has other sources of livelihood. She sells water and does tailoring. She works six days a week.
She has requested a loan of 1,700,000 Uganda shillings from MCDT SACCO to buy more bales of used clothes for sale. Her major business challenges are seasonality and the ever-increasing prices of used clothes.
Victo’s aspiration is to make much more profits and build rental rooms, and also to start importing used clothes. Victo lives in her own house and her family members have access to electricity and piped water.
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.