Florence, who lives in Kampala, Uganda, is single and has two children, both of whom go to school. She takes care of additional family members. She sells chips, fish and eggs at the market on a retail basis. She has been in business for the last five years. She works seven days a week. She has no other source of income. She has applied for a loan of 2,000,000 UGX from MCDT – SACCO to buy bags of bag of Irish potatoes, trays of eggs, cooking oil, and fish. Her major challenges are with seasonality and transportation. She lives in a rented house, and her family has access to piped water and electricity. Her goal and aspiration is to open up a restaurant at the market. Her major 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.