Resty lives in Kampala, Uganda. She is single with two children, both of whom attend school. She is not looking after additional family members.
She has been selling newspapers in a rented shop for twenty years, working six days a week. She sells airtime and mobile telephones for additional income.
She has requested a loan of 450,000 UGX from MCDT- SACCO to enable her buy more newspapers for resale. Her challenges include seasonality and transportation. Her dream is to expand the business to a bigger shop, to start selling mobile phone accessories and to build rental rooms. She joined MCDT because of the timely loans. She lives in her house, which has access to both electricity and piped water. Her major monthly expenses include school fees.
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.