Funded

Total loan: $750
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Mwanajuma

Kenya
Changamwe, Kenya / Charcoal Sales

A loan of $750 helped to purchase additional stocks of charcoal.


Mwanajuma's story

Mwanajuma is a resident of Changamwe, Kenya, and sells charcoal. She is a mother of five children, four of whom are in school. In this business, Mwanajuma sells charcoal and firewood. It was started four years ago. Mwanajuma is applying for a loan of 62,700 Kenyan shillings to purchase additional stocks of charcoal. She has no other source of income and greatly depends on this for her living. The challenges in this new business are customers not paying on time and the high cost of transport, especially for a trader dealing with small amounts of stock, thereby reducing the profit margin. Mwanajuma aspires to build a family house in the near future and to be a supplier of charcoal to other dealers. She believes her association with Milango and its partners will help her achieve this goal.


Loan details

Loan length:

14 months
Disbursed date: June 27, 2012
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 27, 2012
Facilitated by Field Partner: Milango Financial Services