100%

funded

Total loan: $700

Mugeny

Flag of Uganda
Pakwach, Northern Region, Uganda / Retail

Mugeny's loan finished fundraising,
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A loan helped to purchase more sacks of sugar, salt and maize flour.


Mugeny's story

Mugeny is 37 years old and lives in the town of Pakwach in the Nebbi region of Uganda. He is married and has six children with four of them currently in school. For the past 7 years, Mugeny has been working hard to manage his retail shop, which sells essential items like sugar, salt, cooking oil and water.

To help expand his business, Mugeny has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more sacks of sugar, salt and maize flour, and will help Mugeny to generate greater profits, improving his family's standard of living with enough basic needs. Mugeny hopes that in the future he will be able to construct a permanent residential house.

Mugeny is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mugeny who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.