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Goretti
Goretti lives in Kampala, Uganda. She is a single mother with four children and two of them are in school. She also cares for grandchildren in her home. Goretti is running a canteen. She works six days a week. It has been ten years since she started her business. She has requested for a loan of Shs 600,000 from MCDT SACCO to buy crates of sodas and boxes of Safi & sweets. The challenges she has in her business are seasonality and thieves. Her goals and aspirations are to expand her business by investing in second-hand clothes and outside catering services. She is renting a house for her home. She has access to electricity and piped water. Her greatest monthly expenses are for school fees and rent.

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
  • 158
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,487.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Goretti buy sodas and sweets to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013