Grace lives in Kampala, Uganda. She is a single mother with five (5) children. Three (3) of the children are in school. She has no additional family members. It is ten (10) years since she started running a business of selling fruits and vegetables on a retail basis in the market. She has another source of income from selling charcoal. She works seven days a week.
She owns a house where she stays. She has no access to electricity or to piped water. The greatest expenses Grace has are school fees and feeding the family.
Grace has requested a loan of Shs. 2,000,000 from MCDT SACCO. She wants to buy charcoal and foodstuffs to sell like sweet potatoes, cassava and fresh beans. Her business challenge is transporting charcoal and the food from the villages to the market. Her goal is to buy land and build a home. She says she decided to work with MCDT SACCO because she gets loans in time.
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.