Madina lives in Kampala, Uganda. She is single and has two children, one of whom is in school. She also takes care of additional family members (two relatives). Madina has a beauty salon business. She has been in this business for over 10 years, and she works seven days out of every week. Madina sells her products in a shop by means of retail. Madina has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more boxes of cream relaxers, weaves and braids. The main business challenge(s) for Madina include thieves and the ever-increasing prices of cream relaxers. Her goals and aspirations for her business are to own a bridal salon and to build rental rooms. Madina lives in a home that she owns. She has access to electricity and to piped water. Her major monthly expenses include school fees and feeding the 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.