100%

funded

Total loan: $1,100

Marita

Flag of Uganda
Kumi, Eastern Region, Uganda / Retail

Marita's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to purchase more sacks of sugar, salt and maize flour for sale.


Marita's story

Marita is 61 years old and lives in the town of Kumi in the Soroti region of Uganda. She is married and has 8 children, 3 of whom are currently in school. For the past 10 years, Marita has been working hard to manage her retail shop, which sells essential items like sugar, salt, cooking oil and water.

To help expand her business, Marita has requested a loan of 4,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase sacks of sugar, salt and maize flour for sale, and will help Marita to generate greater profits and pay back the loan on time. It also helps to buy food and other basic needs for herself and pay house bills. Marita hopes that in the future she will be able to open up a wholesale shop.


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