Irene is lives in Kampala, Uganda. She is married, with three children, all of whom go to school. She has two additional family members (elderly parents).
She sells second hand clothes at the market. She sells her products on a retail basis. She has been in this business for the past two years. She works six days a week.
Irene has requested a loan of UGX 300,000 from MCDT – SACCO to buy a bale of second-hand clothes. Her major business challenges are transportation and seasonality. Her goals and aspirations are to start importing used clothes and also to buy a plot of land and build her own house.
She lives in a rented house, and the family has no access to electricity or piped water. Her monthly expenses include school fees and rent.
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.