Agnes lives in Kampala, Uganda. She is single with four children, and all her children go to school. She has two additional family members (her old parents). She operates a bar from a shop that she rents on a retail basis. She has been in this business for the last 20 years. She works seven days a week.
She has requested a loan of 500,000 Uganda shillings 500,000 from MCDT – SACCO to buy local gin, crates of beer and soda. Her major business challenges are defaulters, thieves and on-and-off electricity. Her goals and aspirations are to own a fully stocked bar, educate her children up to university and also buy a plot of land so that she can build her own house. She lives in her own house, and the family has access to electricity and piped water. Her monthly expenses include school fees and food.
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.