Frank
A loan of $1,125 helps to buy more animals for rearing.
Frank's story
Frank is 65 years old and lives in the town of Kiyinda in the Kiyinda region of Uganda. He is married and has 8 children with 5 of them currently in school.
For the past 15 years, Frank has been working hard to manage his livestock rearing, which sells animals. To help expand his business, Frank has requested a loan of 4,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more animals for rearing, and will help Frank to generate greater profits and be able to educate his children.
Frank hopes that in the future he will be able to construct a residential house. He is a member of BRAC's microfinance program, which primarily serves small-group members like him who do not have collateral for commercial loans but have businesses that have grown and qualify for microloans.