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Gertrude
Gertrude is married, with four children and all her children go to school. She also takes care of two orphans. She has a business of tailoring and has been in this business for five years.

She has applied for a loan of UGX 1,000,000/= (Uganda shillings) from Micro Credit for Development and Transformation SACCO (MCDT SACCO) to buy more rolls of clothing material and thread. She also generates additional income through teaching and bridal ware. She sells on wholesale only and works six days out of every week. Her major business challenge includes seasonality and defaulters. She is aspiring to build her own business premises and also to own a bridal ware shop.

She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and feeding the family.

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

  • $1,800
    Average annual income
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,076,375
    Funds lent in using Kiva
  • 2,639.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Gertrude to buy more rolls of clothing material and thread for her sewing business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013