Marjorie is single with two children, and all of them go to school. She takes care of her mother. She operates a retail shop at the market. She works seven days a week. She has been in business for three years. She also works at the school as a teacher to earn additional income. She has applied for a loan of SHS 1,200,000 from MCDT-SACCO to buy sugar, rice, flour, soap, cooking oil, and salt. Her major challenges include seasonality and transportation. Marjorie aspires to see her business grow into a wholesale business and also to educate her children to a college-level. She would also like to build a commercial house. She lives in her own house, and the family has access to electricity and piped water. Her monthly expenses include paying 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.