Total loan: $675


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Kalerwe, Central Region, Uganda / Retail

Agnes's loan finished fundraising,
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A loan helped to stock more shoes for resale.

Agnes's story

Agnes is 32 years old and lives in the town of Kalerwe in the Kawempe region of Uganda. For the past three years, Agnes has been working hard to manage her retail shop, which sells first-class shoes.

To help expand her business, Agnes has requested a loan of 2,300,000 Ugandan Shillings from BRAC Uganda. The loan will be used to stock more shoes for resale, which will help Agnes to generate greater profits. Her production will increase and attract more revenue. She will manage to provide her family with enough food.

Agnes hopes that in the future she will be able to start up a big wholesale shoe shop in town.

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