Margaret is married with six children, and only two of her children go to school. She also takes care of additional family members (old parents).
Margaret has a retail shop business and has been in this business for ten years. She generates additional income from rental rooms. She works in the shop seven days out of every week.
She has applied for a loan of 700,000 Uganda shillings from MCDT-SACCO to buy more bags of sugar, cartons of salt, boxes of soap, cooking oil and a 50kg bag of rice. Her major business challenges include transportation and seasonality.
Margaret aspires to own a fully stocked shop and also to build her own house. She resides in a rented house, and the family has access to electricity and piped water. Her 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.