Sarah Kigozi's Group
She buys charcoal from trucks belonging to traders, who collect it from the villages and sell in quantities ranging from whole sacks to small heaps. The sacks are piled in a semi-permanent shed that has no lockable door. She also provides outside catering service for occasions like weddings, baptisms, funerals, and any other event that attract crowds of people.
Her challenges include the risk of having the sacks stolen and the high price of charcoal. Her costs are even higher as her area is inaccessible to vehicles, and she has to hire someone to lift the charcoal sack by sack. Also, the floods limit movement in the rainy season.
She has been able to educate her children and cover the family's needs. Her plans include being able to go to the village to collect the charcoal, to buy home assets, and increase her stock. This will be Sarah's fourth loan.
About MCDT SACCOThis 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.
This is a Group Loan
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Success!! The loan was 100% repaid