Total loan: $825
Makindye, Central Region, Uganda / Retail
Flag of Uganda
Prossy's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy more essential commodities like sugar to sell.
Prossy is thirty-four years old and lives in the town of Makidye in the Kampala south region of Uganda. She is married and has four children, three of whom are currently in school. For the past six years, Prossy has been working hard to manage her retail shop, which sells sugar and soap. To help expand her business, Prossy has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities like sugar for resale, and will help Prossy to generate greater profits and improve her standards of living. Prossy hopes that in the future she will be able to open up a big supermarket. Prossy is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Prossy who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.