Sarah is a single mother of two children, neither of which go to school. She also takes care of her sisters. She has a business of selling used clothes and has been in this business for 5 years. She has applied for a loan of 200,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. She doesn’t have any other income-generating activity. She works from home six days per week.. Her major business challenges include seasonality and theft. She aspires to become a wholesaler and to earn enough profits to start importing used clothes. She decided to join MCDT-SACCO because no security is requested in order for one to get a loan. She resides in rented house and the family has access to electricity and piped water. Her monthly expenses include rent and feeding the family.
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.