Rose lives in Kampala, Uganda. She is widowed and has three children, all of whom are in school. She also takes care of additional family members.
Rose has a retail shop. She has been in this business for 10 years, and she works 7 days out of every week. Rose sells her products at the market, retail. She has requested a loan of 1,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of sugar, cartons of salt, jerrycans of cooking oil, a bag of rice and bread. She also generates additional income through cooked food vending.
The main business challenges for Rose include seasonality and ever increasing prices of commodities in Uganda. Her goals and aspirations for her business are to become a wholesaler and to build rental rooms. Rose lives in a home that she rents; she has access to electricity and piped water. Her major monthly expenses include school fees 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.