Loan Laura Funds to Start Selling Charcoal

Laura, 68, is setting up a charcoal retail business in South Sudan. A widow, her six children are grown and living on their own. She , however, supports three orphans who are under her care. Laura currently sells second-hand clothes but wants to switch to selling charcoal because it is more profitable.

She will invest her microloan into 10 sacks of charcoal, which she will then sell in her community. Being able to buy the goods upfront and in bulk will increase her profits and income dramatically.

In the future, Laura plans to build a store with a large storage capacity to keep up to 300 sacks of charcoal. With hard work and a bit of support, her plan is achievable.



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