Julia is a single mother of one child and her only child goes to school. She also takes care of additional family members (her niece). She has a restaurant and has been in this business for six years. She has applied for a loan of 2,200,000 Uganda shillings from MCDT-SACCO to buy more bags of Irish potatoes, charcoal, eggs, cooking oil and chicken. She doesn’t have any other income-generating activity.
Julia works six days out of every week and sells on retail basis only. Her major business challenges include ever increasing prices of cooking oil and Irish potatoes, seasonality and thieves. She is aspiring of owning a fully stocked restaurant and also to building her own house. She resides in a rented house and the family has access to electricity and piped water. Her 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.