A loan of $1,000 helped buy charcoal to resell.

Ruth's story

Ruth lives in Kampala, Uganda. She is married and has 5 children, three of whom are in school. She also takes care of additional family members (old parents).

Ruth has a business selling charcoal. She has been in this business for 10 years and she works 6 days out of every week. Ruth sells her products at the market by means of wholesale. She also generates additional income through selling bananas.

Ruth has requested a loan of 2,500,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of charcoal. The main business challenges for Ruth include seasonality and transportation. Her goals and aspirations for her business are to own a delivery van to ease in transportation and also to see her three children through university.

Ruth lives in a home that she owns. She has access to electricity and piped water. Her major monthly expenses include school fees and medication.

Loan details

Lenders and lending teams

Loan details