Margaret lives in the Makerere neighborhood of the city of Kampala, Uganda. She is married and has four children, all of whom are in school. She also takes care of additional family members. Margaret has a business selling used clothes. She has been in this business for 10 years and works seven days out of every week. Margaret sells her products at the market, by means of wholesale and retail. Margaret has requested a loan of 800,000 Ugandan shillings from MCDT SACCO, which she will use to buy more bales of second hand clothes. She also generates additional income through rental rooms. The main business challenges for Margaret include rain, which hinders her customers ability to come to her, and transportation. Her goals and aspirations for her business are to own a delivery van and build more rental rooms. Margaret lives in a home that she owns. She has access to electricity and piped water. Her major monthly expenses include school fees and feeding her family.
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.