Teo is widow with six children, two are in school. She lives in rented house and the family has access to electricity and piped water . She doesn't incur any extra transportation costs because she both buys and sells from her place of work. She sells the local brew and gin on retail basis. She works seven days a week. Her major monthly expenses include rent for business and medication. She has been in this business for seven years. She is requesting a loan of 1,700,000 UGX to buy jerrycans of local brew and spirits . She wants to use this loan to buy more jerrycans of local brew and gin.She hopes to grow her business.
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.