Betty is a single mother of four children and all her children go to school. She has a retail shop 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 sugar, soap, cooking oil and salt. She generates additional income from a food stall. She works in a shop seven days out of every week and sells on retail basis. Her major business challenges include thieves and ever increasing prices of commodities in Uganda. She is aspiring to become a fully stocked retail shop and also to buy a plot of land and build a house. She resides in a rented house and the family has access to electricity and no 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.