Grace lives in Uganda, in Kampala. She is married and has four children, and three of them go to school. She has no additional family members. She operates a retail shop at a market. She works seven days a week. She has been in this business for five years.
She has requested a loan of Ugandan shillings 400,000 from MCDT – SACCO. She will use the loan to buy sugar, beans, cow peas, and flour. Her major challenges include seasonality and electricity.
Her goal and aspiration is to educate her children to university level. She lives in her own house, and the family has access to electricity and piped water. Her monthly expenses include school fees and electricity.
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.