A loan of $550 helped to buy more sacks of charcoal.

Florence's story

Florence wants to use this loan to buy more sacks of charcoal. She is a 51-year-old single mother of two children, ages 19 and 23 years old. Both her children go to school. She rents a one-room house where she lives with the three people in her family. Florence also takes care of additional family members. They have access to electricity and piped water. Her monthly expenses include rent for her residence and business premises, school fees for her children and food for the family.

Florence works seven days a week. On average, she receives 20 customers a day. She incurs transport costs to and from her suppliers in Owino market (one of the busiest markets in Uganda). She sells retail to all kinds of people. Florence has been in her business for seven years and with MCDT for five years, now on her 20th loan. Florence aspires to grow her business and to start selling wholesale only.

Loan details

Lenders and lending teams

Loan details