Funded

Total loan: $575
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Hellen Nakato's Group

Uganda
Kampala, Uganda / Charcoal Sales

A loan of $575 helped a member to buy more sacks of charcoal and more animal feed for sale.


Hellen Nakato's Group's story

Hellen, 24, is single with no children. She resides with her parents. The family lives in a five-room house. Hellen takes care of her father and mother, plus the three orphaned children of her late sister. She has access to electricity and piped water at home and the family gets three meals a day.

Hellen sells charcoal in Busega, one of Kampala's city suburbs, and also acts as a sales agent for animal feed. This is how she earns a living. She uses public transportation to and from shopping. Hellen receives about 20 customers a day and sells to all categories of people on a retail basis. She works seven days a week. Rent for the use of her business premises is about 40000/= per month. She has been engaged in this business for three years now.

This is her tenth loan since joining MCDT five years ago: she has been a member of this same group, with the same group members, ever since she joined.

Hellen wants to use this loan to buy more charcoal and animal feed. She dreams of owning a permanent shop for her business.

In this group: Hellen , Hasfa , Kasifa , Judith
*not pictured



Loan details

Loan length:

8 months
Disbursed date: April 16, 2009
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 16, 2009
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)