Imelda is widowed and has six children. None of her children goes to school, but she takes care of additional family members (grandchildren). She resides in the family house, and the family has access to electricity and piped water. Her monthly expenses include school fees for the grandchildren and paying for utility bills.
She has a business of a restaurant and has been in this business for many years. She has applied for a loan of 2,500,000 Uganda shillings from MCDT-SACCO. She will use it to buy more bunches of green bananas, sweet and Irish potatoes, ground nuts, fish, rice, charcoal, chicken and beef.
Imelda earns additional income from renting out rooms. Her major business challenges include rainy seasons and thieves. She is aspiring to own a fully-stocked restaurant and also to build more rental rooms.
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.