Margaret is widowed with seven children. Only two of her children to school. She also takes care of additional family members (grandchildren) . She has a business selling used clothes and has been in this business for 3 years. She sells to all categories of people but on a retail basis. She has applied for a loan of 800,000 UGX from MCDT-SACCO to buy more bales of used clothes. She doesn’t have any other income-generating activity. She works six days a week at the market. Her major business challenges include thieves and the ever-increasing prices of used clothes in Uganda. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and feeding the family.
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.