Sarah has been operating a restaurant for three years, working six days a week. She has requested a loan of 2000000 Ugandan Shillings from MCDT SACCO to buy more bananas, beef, rice, Irish potatoes, chicken and bags of charcoal.
Sarah faces two main business challenges: ever-increasing prices for foodstuffs, and thieves who break into the restaurant to steal her utensils and foodstuffs. Her goal for the business is to own a fully-stocked restaurant.
About MCDT SACCOThis 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.
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Success!! The loan was 100% repaid