Funded

Total loan: $1,025
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Obedi

Uganda
Rukungini, Uganda / Charcoal Sales

A loan of $1,025 helped buying more bags of charcoal for resale.


Obedi's story

A. Obedi is 32 years old and married with two children who are not yet in school because of their young age.

He is a businessman involved in the buying and selling of charcoal that he gets from the villages and stocks for his customers in his stall. He has been in this kind of business for five years, and since he knows how to handle his customers, he is able to make approximately $77 in weekly profits that are enabling him to grow.

As a result, he has been able to buy land and animals like cows and goats and so on. Obedi needs a loan to be able to stock more bags of charcoal for resale, since buying in bulk enables him to get goods at a reduced price.


Loan details

Loan length:

14 months
Disbursed date: January 18, 2010
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 18, 2010
Facilitated by Field Partner: Pearl Microfinance Limited