Rose is a single mother of seven children, and six of her children go to school. She also takes care of additional family members (grandchildren). She has business of selling green bananas, and she has been in this business for seven years. She has applied for a loan of 1,500,000 Ugandan shillings from MCDT SACCO to buy more bunches of green bananas.
Rose works from her home seven days out of every week. She generates additional income through selling herbal medicine. Her major business challenges include transportation, defaulters and thieves. She aspires to become a wholesaler and also to educate her remaining children up to university. She resides in her own house, and the family has access to electricity but not 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.