Irene lives in Uganda. She is single with 3 children, all of whom go to school. She doesn’t take care of any additional family members. She sells bananas and has been in business for the last 10 years. She sells her bananas at the market and works seven days a week.
Irene has requested a loan of 2,000,000 Ugandan shillings (UGX) from MCDT SACCO to buy more bunches of bananas and set up a better stall for her products. Aside from her banana business, Irene generates additional income as a part-time teacher at a nearby school. The main business challenges she faces are transportation and seasonality.
Irene lives in a rented house and has access to piped water and electricity. Her major monthly expenses include school fees, food, and rent.
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.