Funded

Total loan: $750
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Ruth

Uganda
Kampala, Uganda / Charcoal Sales

A loan of $750 helped to buy more bags of charcoal.


Ruth's story

Ruth is married with five children, one who is attending school. She also takes care of grandchildren and elderly parents. She has a business selling charcoal and has been in this business for ten years. In addition to this, she also generates additional income from renting rooms.

She has applied for a loan of 2,000,000 Uganda shillings from MCDT-SACCO to buy more bags of charcoal. She works seven days a week from home and sells wholesale to all categories of people. Her major business challenges include seasonality and thieves due to her location in the slums. She aspires to build more rental rooms and to buy a delivery van to aid transportation. She lives in a rented house and the family has access to electricity but not piped water. Her monthly expenses include school fees and utility bills.



Loan details

Loan length:

6 months
Disbursed date: December 10, 2012
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: December 10, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)