Rose is married with eight children and two of her children go to school. She has a retail shop business and has been in this business for ten years. She has applied for a loan of 2,000,000 Uganda shillings from MCDT SACCO to buy more bags of sugar, cooking oil, boxes of soap, rice and bread. She works in a shop seven days out of every week and sells on a retail basis only. Her major business challenges include seasonality and the ever increasing prices of commodities in Uganda. She aspires to own a fully stocked retail shop and also to get enough profits so as to build her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees, rent and paying for 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.