Margaret lives in Kampala, Uganda. She is married with 7 children, all of whom go to school. She takes care of one additional family member (sister-in- law). She sells charcoal at her home counter at the shop that she rents. She works seven days a week. She has been in business for the past 10 years. She has requested a loan of 1,500,000 from MCDT SACCO to buy more bags of charcoal. Her major business challenges include transportation and ever-increasing prices of charcoal. Her goal and aspiration is to expand her retail charcoal business into a wholesale one. She lives in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees, paying utility bills, 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.