Funded

Total loan: $975
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Phina

Uganda
Kampala, Uganda / Charcoal Sales

A loan of $975 helped to buy more bags of charcoal.


Phina's story

Phina is married with three children and all her children go to school. She doesn’t take care of additional family members. She has a business selling charcoal and has been in this business for eight years. She has applied for a loan of 2,500,000 Uganda shillings from MCDT SACCO to buy more bags of charcoal. She works in her shop seven days out of every week and sells to all categories of people, but on a retail basis. Her major business challenges include seasonality and thieves. She aspires to become a wholesaler and also to build her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent, feeding the family and school fees.



Loan details

Loan length:

8 months
Disbursed date: August 21, 2013
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: August 21, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)