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Total loan: $825
Pakwach, Northern Region, Uganda / Clothing
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Florence's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy more clothes for resale.
Florence is 40 years old and lives in the town of Pakwach in the Arua region of Uganda. She is married and has four children who are all currently in school. For the past 11 years, Florence has been working hard to manage her small business, which sells clothes. To help expand her business, Florence has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes for resale, and will help Florence to generate greater profits and pay school fees for her children. Florence hopes that in the future, she will be able to get more money from BRAC to expand her business. Florence is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Florence who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.