100%

funded

Total loan: $575

Moureen

Flag of Uganda
Matuga, Central Region, Uganda / Retail

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


Moureen's story

Moureen is 32 years old and lives in the town of Mattuga in the Kawempe region of Uganda. She is married and has three children with two of them currently in school. For the past three years, Moureen has been working hard to manage her retail shop, which sells essential items like sugar, salt, cooking oil and soft drinks.

To help expand her business, Moureen has requested a loan of 2,000,000 Ugandan shillings (UGX) from BRAC Uganda. The loan will be used to purchase more sacks of sugar, salt and maize flour to sell, and will help Moureen to generate greater profits. She will repay the loan on time and buy food and other basic needs for her family. She hopes that in the future she will be able to buy land and build a house for rentals.

Moureen is a member of BRAC's Microfinance program (MF). The program primarily serves small group members like Moureen who do not have collateral for commercial loans, but have businesses that have grown and qualify for microloans.