A loan of $775 helped to buy more bags of charcoal to sell.

Grace's story

Grace is a single mother of five children, three of whom go to school. She doesn’t take care of any additional family members.

Grace has a business of selling charcoal and has been in this business for ten years, selling to all categories of people on retail. She has applied for a loan of 2,000,000 Ugandan shillings from MCDT SACCO to buy more bags of charcoal. She also generates additional income by selling green bananas.

Grace works seven days a week, works from her home, and sells on a retail basis only. Her major business challenges include thieves and seasonality. She is aspiring to become a wholesaler and also to build her own house. She resides in a rented house and her family has access to electricity, but not piped water. Her monthly expenses include rent and school fees.

Loan details

Lenders and lending teams

Loan details