100%

funded

Total loan: $825

Simon

Flag of Uganda
DOKOLO, Northern Region, Uganda / Retail

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


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


Simon's story

Simon is 30 years old and lives in the town of Dokolo, which is in the Soroti region of Uganda. He is married and has 3 children, two of whom are currently in school. For the past five years, Simon has been working hard to manage his retail shop where he sells essential items such as sugar, salt, cooking oil, and water.

To help expand his business, Simon has requested a loan of 3,000,000 UGX from BRAC Uganda. The loan will be used to purchase for more sacks of sugar, salt, and maize flour to sell. This will help Simon generate greater profits so that he can buy food for his family and pay school fees for his children. In the future, he hopes to become a wholesale dealer.

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