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Total loan: $775
Kampala, Central Region, Uganda / Retail
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Sarah's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy more bags of charcoal.
Sarah is married with five children and three of her children go to school. She also takes care of additional family members (grandchildren). Sarah has a business of selling charcoal and has been in this business for 7 years. She has applied for a loan of 2,000,000 Uganda shillings from MCDT-SACCO to buy more bags of charcoal. Sarah generates additional income from hiring out a motorcycle and also from rental rooms. She works seven days every week and sells on both retail and wholesale at the market. Her major business challenges include transportation of bags of charcoal, rainy season which hinders her movements, and defaulters. She aspires to own a delivery van to ease transportation, and also to start investing in cattle farming. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and paying for utility bills.