Betty lives in Kampala, Uganda. She is married and has three children, and all her children go to school. She has two additional family members. She lives in a rented house and the family has access to electricity but not to piped water. Her monthly expenses include school fees, rent and food.
She sells African attire (Bitenge) in a shop that she rents. She sells her products on retail and wholesale bases. She has been in this business for the last four years. She works six days a week. Betty generates additional income selling used shoes and a motorcycle for hire.
She has requested a loan of Uganda shillings 2,500,000 from MCDT – SACCO to buy rolls of African attire. Her major business challenges are transportation, defaulters and seasonality. Her goals are to start importing African attire from Democratic Republic of Congo and to buy a plot of land and build a house.
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.