Teddy is a single mother of four children, and all her children go to school. She doesn’t take care of additional family members.
Teddy has a restaurant business and has been in this business for six years. She has applied for a loan from MCDT-SACCO to buy more bunches of green bananas, cooking oil, beef, beans, fresh cowpeas and fish.
Teddy works at the market seven days a week and sells on a retail basis only. Her major business challenges include seasonality and thieves.
She aspires to own a fully stocked restaurant and also to build her own house. She resides in a rented house, and the family has no 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.