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Molly
K. Molly is an active member of Life in Africa who though looks to be almost living in her evening of life but but still capable of looking after her four children without the help of her husband who is actually more aged than her. And to make it worse, he is sick which means that out of the four children, her husband is moreless the fifth child! previously she has been doing charcoal business as the only source of income and she was left destitute because the little she got was spenton the four children and nothing was left for saving.



She is abit happy that since she joined Life in Africa six months ago, there is hope for better life as she is partly working with invisible children bracelet maker and with the help of a loan she is planning to restart her charcoal business because she has experience in it and her son is ready help her attend to the business. To do this businees Molly needs 500,000/= that she wishes to repay in 12 months at a rate of 50,000/=.



Below is her budget:



25 bags of charcoal @ 15,000/= ........375,000/=



Rental for the stall 4 months @ 30,000/=...120,000/=



Others ...................................5,000/=



Total...................................500.000/=

About Uganda

  • $1,500
    Average annual income
  • 346
    View loans »
    Uganda Loans Fundraising
  • $30,336,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD