Margaret is single with no children and also doesn’t take care of additional family members. She has a boutique selling used clothes and has been in this business for 3 years. She has applied for a loan of 300,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. She works in a shop six days out of every week and sells her clothes on a retail basis only. Her major business challenges include seasonality and ever increasing prices of used clothes. She is aspiring of importing used clothes and also building rental rooms. She resides in her own house and has access to electricity and piped water. Her monthly expenses include paying utility bills.
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.