Funded

Total loan: $850
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Grace

Uganda
Kampala, Uganda / Charcoal Sales

A loan of $850 helped to buy more bags of charcoal.


Grace's story

Grace is married and has five children, four of whom go to school. She also takes care of an additional family member, her father. Grace has a charcoal selling business and has been in this business for 10 years.

Grace has applied for a loan of 2,200,000 from MCDT SACCO to buy more bags of charcoal. She generates additional income from a retail shop. She sells on wholesale seven days out of every week. Her major business challenges include transportation, defaulters, and thieves. She aspires to own a delivery van to ease her transportation and also to have a fully stocked retail shop. Grace resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent and school fees.



Loan details

Loan length:

6 months
Disbursed date: June 13, 2013
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: June 13, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)