100%

funded

Total loan: $325

Margaret

Kampala, Central Region, Uganda / Retail

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A loan helped To buy bags of charcoal.


Margaret's story

Margaret B. lives in the Makerere neighborhood in Kampala, Uganda. She is widowed and has seven children, all of whom attend school. Margaret has a business of selling charcoal. She has been in this business for 10 years, and she works seven days a week. Margaret sells her products door-to-door. Margaret has requested a loan for 70,0000 Ugandan Shillings from MCDT SACCO, which she will use to buy bags of charcoal. She also generates additional income with a food stall. Margaret's main business challenges are transportation and thieves. Her goals and aspirations for her business are to own a delivery van and to buy a plot of land. Margaret lives in a home, which she owns; she has access to electricity and piped water. Her major monthly expenses include school fees and food for her family.