Norah lives in Kampala, Uganda. She is married with three children, two of whom currently attend school. She is not looking after any other member of the family.
Norah has been operating a stall of food stuffs and vegetables in the market, at retail, for one year. She works seven days a week. She has no other source of income.
Norah has requested a loan of 1,000,000 UGX from Micro Credit for Development and Transformation SACCO (MCDT SACCO) to buy tomatoes, vegetables, mangoes, onions, and silver fish for resale. Her challenges include seasonality and defaulters. Her dream is to carry out her business on her own premises and to become a wholesaler.
Norah joined MCDT SACCO because the loan interest is relatively low and the loans are timely. She stays in a rented house without access to electricity or piped water. Her major monthly expenses include 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.