Check out some available loans that are similar to this one!
Gorret
Gorret is married with four children, two of whom go to school. She has been in business for 10 years selling bananas to all categories of people on a retail basis. She has applied for a loan of 1,500,000 Ugandan shillings from MCDT-SACCO to buy more bananas to sell. Besides this banana business, she generates additional income by selling charcoal. Gorret works seven days a week. Her major business challenges include transportation and seasonality. She is aspiring to see her business grow so that she would earn enough profits to buy a delivery van and also to buy a plot of land to build her own house. She resides in her rented house and the family has access to electricity and piped water. Her monthly expenses includes rent and school fees.

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
  • 234
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,495.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Gorret to buy more bunches of bananas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2012