Business Name: Aciro magret charcoal selling

Location: Cereleno.

partner: http://LifeInAfrica.com (WE Center Gulu)

Partner Reps: Okello Morris Barry and Grace Aaya

Entrepreneur: Aciro magret Activity: Buying and selling Charcoal

Loan Amount: 250,000/=

Loan Use: Buying and selling Charcoal

Loan Term: 6 months

Loan Description:

Aciro Magret is 27 years old. She has been working as a volunteer at Charity for Peace Foundation (CPF) caring for night commuters who sleep in town to avoid rebel abduction since 2003. She has one child that she is supporting since her divorce from her husband.

She has been earning her living by selling charcoal and some produce. She also joined Life in Afria and participates in the team craft production where she has learned to work with the community to help each other make better lives. These endeavors help her to feed her child and she has even been able to save 25,000/= in extra capital to reinvest in her business.

She wants to enlarge her charcoal business so that she can increase her income each month to provide a better life for her and her child. To do this she is seeking a loan in the amount of 250,000/= and she will be able to repay this loan in 6 months.

Her budget is as follows.

1.18 bags charcoal.....153000shs.

2.Loading and off loading fees..7200shs.

3.Transport for 18 bags .......45000shs.

4.Storage renting.................3600shs.

5.Forestry fee......................5400shs.

6.Market dues for 6 weeks........12600shs.

7.License for one year...............20000shs.

[Edited by group owner: Evvy Bryning on 03 Oct 2007 09:33 PDT: edited content. needs photo]

[Edited by group owner: Evvy Bryning on 03 Oct 2007 09:37 PDT: needs photo]