Rose lives in Kampala, Uganda. She is married and has six children. Four of her children are in school. She also has two additional family members she looks after (two orphans).
Her business is to buy and sell local gin. She has been in this business for three years. She sells her goods both at retail and on a wholesale basis. She works seven days a week. She has houses for rent, as another source of income. Rose applied for a loan of 1,800,000 UGX to enable her to buy jerrycans of local gin in large quantities. Her major business challenges are seasonality and transportation.
Her goals and aspirations are to raise more capital, and to start brewing the local gin by herself. She says she decided to work with MCDT, because services are brought near to the members and the interest rate is low. Rose owns the house where she stays. She has no access to electricity or to piped water. Her greatest monthly expense is school fees.
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.