Total loan: $1,150
Iganga, Eastern Region, Uganda / Retail
Erisa's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to add more commodities such as milk,splash juice and soap to increase business.
Erisa is 47 years old and lives in the town of Iganga in the Iganga region of Uganda. He is married and has three children. For the past five years, Erisa has been working hard to manage his retail business, which sells sugar, flour, rice and other items. To help expand his business, Erisa has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to add more commodities such as milk, splash juice and soap to increase business, and will help Erisa to generate greater profits and live a more comfortable life. Erisa hopes that in the future, he will be able to develop and grow a big business. Erisa is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Erisa who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.