Victo is married with five children, four of whom attend school. She lives in Kampala, Uganda, and does not look after any additional family members. For the past one-and-a-half years, Victo has operated a retail shop from her home. She and works six days a week and earns additional income selling raw food. Victo's main business challenge is floods she experiences during the rainy season. She rents a house with electricity and no running water and her monthly expenses include rent, feeding her family, and school fees. Victo joined MCDT for more support to run her business.
Victo is requesting a 1,200,000 UGX loan to purchase rice, flour, sugar, cooking oil, kerosene, saucepans and plates to sell. In the future, she would like to accumulate profits to enable her buy land and move out of the low-lying area.
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.