A loan of $350 helped to buy more bags of charcoal.

Nulu's story

Nulu lives in Kampala, Uganda. She is single and has 4 children, all of whom are in school. She doesn’t take care of additional family members. Nulu has a business of selling charcoal. She has been in this business for 3 years, and she works 7 days out of every week. She sells her products from home, by means of retail.

Nulu has requested a loan of 800,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal. The main business challenges for Nulu include transportation, thieves and seasonality. Her goals and aspirations for her business are to own a wholesale business and a delivery van to ease transportation. Nulu lives in a home that she owns where she has access to electricity and to piped water. Her major monthly expenses include paying school fees and medication.

Loan details

Lenders and lending teams

Loan details