Prossy lives in Uganda, in Kampala. She is married and has four children, and two of them go to school. She has no additional family members. She sells old clothes at the market, on a retail basis. She works seven days a week. She has been in this business for three years.
She has requested a loan of Ugandan shillings 400,000 from MCDT – SACCO. She will use the loan to buy a bale of old clothes to sell.
Her major challenges include seasonality. Her goal and aspiration is to increase her capital base. She lives in a rented house, and the family has access to electricity, but does not have access to piped water. Her monthly expenses include rent and school fees.
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.