Ruth has applied for a loan of 400,000 Uganda shillings from MCDT SACCO to buy more bales of used clothes. She aspires to become a wholesaler, to educate her children up to university and to get enough profits to buy a plot of land to build rental rooms. Ruth resides in her own house and the family has no access to electricity and piped water. Ruth's monthly expenses include school fees and rent for her business at the market.
About MCDT SACCOThis 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.
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