Ezra obiga said:

Business name: Muhindo Dronika’s charcoal

Location: Banda

Partner Rep: Ezra Kayia and Grace Ayaa

Entrepreneur: Muhindo Dronica

Activity: selling charcoal

Loan use: Start business

Loan terms: 6 months

Loan Amount: 250,000/=

Loan description:

Muhindo Dronica is a Ugandan by nationality, a Mukonjo by tribe, female by sex, aged 45 and a mother to seven children. Mukundo comes from Kasese found in the western part of Uganda in a place where the mountain Rwenzori is. She came to Kampala in 2001 due to the Allied Democratic Forces (ADF), which is a rebel group that is opposing the Ugandan government and is based in western Uganda with rear bases in the Democratic. This group forced many of the people to move to the neighboring districts for refuge.

So when she came to Kampala, she settled in the IDP camp known as the Acholi Quarters with many acholli people who had also had to run from the rebels. She went to work in the stone quarry where she was getting 2000/= shillings per day. She then joined Life in Africa and started eaning more income in the bead program. This improved their life but she wanted to provide more for her children. She saved and was able to buy a stone pit and now employs others to work for her. This too improved their standard of living.

Her challenge now is to find the money to pay school fees. To raise this money she plans to start a family charcoal business. Charcoal is in high demand and she knows she will be able to earn enough to pay the fees.

To start this new business she is seeking a loan in the amount of 250,000/=. She will be able to repay this loan in 6 months.

Below is her budget:

Buy 12 sacks of charcoal each costing sh13000/= and total will be sh156, 000/=

Transport for each bag cost sh2000/= and total for 10 bags will be sh20, 000/=

8 Polls for constructing a store for keeping in the charcoal each poll costing 1500 and total sh12, 000/=

Buy 6 papyrus es for roofing the store where each cost sh5000/= and the total will be sh30.000/=

Buy 1kg of nails at sh2, 000/=

Lab our for constructing the shelter/store sh15, 000/=

Emergence sh15, 000/=

Final total will be sh250, 000/=

[Edited by group owner: Evvy Bryning on 03 Oct 2007 10:19 PDT: edited content. needs photo]