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Gorret
Gorret lives in Kampala, Uganda. She is single with four children (two go to school). She also takes care of additional family members. She lives in a rented house, and the family has access to electricity and piped water. Her major expenses include food and school fees.

Gorret operates a canteen at the market on a retail basis. She works six days a week and serves all kinds of people. She has been in this business for the last 10 years. Her major challenges include transportation and seasonality.

Gorret has requested a loan of 1,500,000 Ugandan shillings from Micro Credit for Development and Transformation SACCO (MCDT SACCO) to buy boxes of sweets, biscuits, soap, sugar, soda and cooking oil. She hopes to expand her canteen into a retail shop.

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
  • 282
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Gorret to buy boxes of sweets, biscuits, soap, cooking oil, and soda.
99% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2014
Listed
Aug 25, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015