Margaret lives in Kampala, Uganda. She is married with five children, and three of her children go to school. She has no additional family members. She operates a retail shop that she rents at the market .She has been in this business for the last five years. She works seven days a week.
She has requested a loan of 800,000 Uganda shillings from MCDT – SACCO to buy more bags of sugar, flour and rice, jerrycans of cooking oil and boxes of soap.
Her major business challenges are electricity and the fluctuating prices of commodities in Uganda. Her goals and aspirations are to own a fully stocked shop and also to build rental houses.
She lives in her own house, and the family has access to electricity, but does not have access to 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.