Funded

Total loan: $1,000
Powered by 33 lenders

Margaret

Uganda
Kampala, Uganda / Charcoal Sales

A loan of $1,000 helped to buy more bags of charcoal to sell.


Margaret's story

Margaret is married and has five children, only one of whom goes to school. She also takes care of additional family members (grandchildren). She's had a business selling charcoal for 10 years. She sells her charcoal at wholesale to all people. She has applied for a loan of 2,500,000 Ugandan shillings from MCDT-SACCO so she can buy more bags of charcoal.

Margaret earns additional income by selling piped water. Her major business challenges are transportation and thieves. She is hoping to buy a delivery van, and also to build rental rooms. She resides in her own house and her family has access to electricity but not to piped water. Her monthly expenses include feeding the family and school fees.



Loan details

Loan length:

8 months
Disbursed date: September 19, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 19, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)