Funded

Total loan: $675
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Constance

Uganda
Kampala, Uganda / Charcoal Sales

A loan of $675 helped to buy more bags of charcoal to sell.


Constance's story

Constance is a single mother with three children, all of whom go to school. She also takes care of additional family members. She resides in and rents a two-roomed house and the family has access to electricity but no piped water. Her monthly expenses includes food, rent and school fees.

Constance owns a store in Naguru selling charcoal which she buys in bags from Luwero and Nakasongola districts. She uses her own lorry (truck) to and from buying charcoal. She has been in this business for over ten years, selling in Naguru market. She works six days a week and sells to all categories of people both retail and wholesale. Her only business challenge is the rainy season when the roads becomes impassable.

Constance joined MCDT because of the low interest rate it charged. She wants to use this loan to buy more bags of charcoal. She is aspiring to own another delivery van.



Loan details

Loan length:

6 months
Disbursed date: July 28, 2010
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: July 28, 2010
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)