Catherine is married and has five children, four of whom attend school. She operates a food stall. She has applied for a loan of 2,000,000 UGX from MCDT-SACCO to buy more bunches of green bananas, charcoal, cassava, and sweet potatoes. She has been in this business for 20 years and sells to all kinds of people on both retail and wholesale, at the market and at home. She generates additional income by selling fried food. She works six days a week. Her major business challenges are thieves, transportation, and seasonality. She aspires to own a delivery van and to sell on wholesale only. She decided to join MCDT-SACCO because of the low interest rate. She resides in her own house, and her family has access to electricity and piped water. Her monthly expenses includes school fees and medication.
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.