100%

funded

Total loan: $475

Sarah

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Matuga, Central Region, Uganda / Services

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A loan helped to buy more stones for quarrying, to increase her business stock.


Sarah's story

Sarah is 31 years old and lives in the town of Matuga in the Kawempe region of Uganda. She has six children, with four of them currently in school. For the past three years, Sarah has been working hard to manage her construction supplies, which manages stone quarrying for sale.

To help expand her business, Sarah has requested a loan of 1,600,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more stones for quarrying, to increase her business stock for resale, and will help Sarah to generate greater profits and improve her family's standard of living by providing them with enough food and pay school fees for her children.

Sarah hopes that in the future she will be able to build a residential house of her own and also build rental houses as a business.

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