Sarah lives in Kampala, Uganda. She is a widow with four children who do not attend school. She is also looking after two grandchildren. Sarah stays in a rented house without access to either electricity or piped water. Her major monthly expenses are school fees and rent.
Sarah has been selling fish in the market, at retail, for eight years and works seven days a week. She generates additional income through selling sweet bananas. She has requested a loan of 800,000 UGX from MCDT- SACCO to buy baskets of fish and sweet bananas for sale. Her challenges include transportation and seasonality. Sarah's dream is to turn her business into wholesale and accumulate profits that will enable her to build a house on her land and also to become a wholesaler. She joined MCDT because loans are easy to access.
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.