Margaret lives in Kampala, Uganda. She is married with five children, all of whom attend school. She is not looking after any other member of the family. She lives in a rented house with no access to electricity or piped water. Her major monthly expenses include rent and school fees.
Margaret has been operating an eating establishment in a market for ten years, working six days a week. She does not have any other source of income. She has requested a loan of UGX 500,000 from MCDT- SACCO to enable her to stock more rice, flour, cooking oil, and charcoal, and to replace some saucepans. Her challenges include recovering payments from debtors and unstable food prices. Her dream is to own a big restaurant. She joined MCDT because she wanted her business to grow.
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.