A loan of $1,350 helped a member to increase her inventory and also invest in farm produce.

Faridah's Bananas And Charcoal Group's story

Faridah is the leader of a 4-member group. She is 42 year old and married with 6 children, aged between 22 and 5 years old. Five of her children go to school and the first-born is already working. She owns and resides in a five-roomed house, living with ten people. There is electricity but no water. The family gets three meals a day.

Faridah resides and works in a semi-urban area which is on the outskirts of Kampala. Faridah works seven days a week and operates her business from her home. She deals in bananas and charcoal, selling to all categories of people both wholesale and retail.

Faridah sells to an average of 40 people per day. She buys bananas and charcoal from her home and doesn't incur any extra transport costs. Faridah has been in this business for the last ten years. She first dealt in bananas only but with subsequent loans from MCDT, she was able to supplement her income by investing in the charcoal business.

Faridah has been with MCDT for the last six years and is servicing her sixteenth loan, working all this time with her same group. Her major challenge is defaulters in the charcoal business. She wants to use this loan to invest in farm produce and supply it to various nearby schools. She aspires to constructing rental houses in the free space near her home.

In this group: Faridah, Christine, Juliet, Safina

Loan details

Lenders and lending teams

Loan details