100%

funded

Total loan: $575

Josephine

Flag of Uganda
Matuga, Central Region, Uganda / Retail

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


Josephine's story

Josephine is 27 years old and lives in the town of Mattuga in the Kawempe region of Uganda. She is married and has 2 children, with 1 of them currently in school. For the past 3 years, Josephine has been working hard to manage her retail shop, which sells essential items such as sugar, salt, cooking oil, and water.

To help expand her business, Josephine has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more sacks of sugar, salt, soft drinks, and maize flour to sell at her convenient store. This loan will help Josephine generate greater profits and improve on her family's standards of living by providing enough food and clothes for her children.

Josephine hopes that in the future, she will be able to buy a plot of land and build a commercial house and rental houses.

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