Annet lives in Kampala, Uganda with her three children, all of whom attend school. She also looks after her parents, sister and brother.
Annet has been selling local brew from home at wholesale and retail prices for ten years and works seven days a week. She also sells cooked food as another source of income.
She has requested a loan of UShs 600,000 from MCDT- SACCO to buy more jerrycans (containers) of local gin for sale. Her challenges include seasonality and transportation. Annet's dream is to expand her business and make more profits.
She joined MCDT because there was no one else who was ready to lend her money for her business. She stays in a rented house with access to electricity and piped water. Her major monthly expenses are 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.