Zula is a single mother of three children and all three of her children go to school. She also takes care of additional family members. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and feeding the family.
She has a business of selling charcoal and has been in this business for eight years. She generates additional income through selling piped water. She works from home and sells to all categories of people on a retail basis six days out of every week.
She has applied for a loan of 900,000 Uganda shillings from MCDT-SACCO to buy more bags of charcoal. Her major business challenges include transportation and seasonality. She is aspiring of becoming a wholesaler and also to build rental rooms.
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.