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Gorret
Gorret N. lives in the Namungoona neighborhood in the city of Kampala, Uganda. She is married and has two children, both of whom are in school. Gorret has a retail shop. She has been in this business for five years, and she works seven days out of every week. Gorret has requested a loan of 500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of sugar, cartons of salt, boxes of soap, and cooking oil. The main business challenges for Gorret are transportation and seasonality. Her goals and aspirations for her business are to own a wholesale shop. Gorret lives in a home that she rents; she has access to electricity but doesn't have access to piped water. Her major monthly expenses are rent, school fees, and medication.

Additional Information

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.

About Uganda

  • $1,500
    Average annual income
  • 220
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,305.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Gorret to buy more bags of sugar, cartons of salt, boxes of soap, and cooking oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2010
Listed
Dec 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2011