100%

funded

Total loan: $800

Specioza

Flag of Uganda
Kisekende, Central Region, Uganda / Food

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A loan helped to buy sugar, beers, sodas, wheat flour and oil.


Specioza's story

Specioza is 46 years old and lives in the town of Kisekende in the Fortportal region of Uganda. She is married and has 5 children who are all currently in school. For the past 5 years, Specioza has been working hard to manage her retail shop which sells sugar, beers, sodas, wheat flour and oil. To help expand her business, Specioza has requested a loan of 2,000,000 Ugandan Shillings (UGX) from BRAC Uganda. The loan will be used to buy sugar, beers, sodas, wheat flour and oil, and will help Specioza to generate greater profits in order to pay school fees and finish her house. She hopes that in the future she will be able to open up a mini supermarket. Specioza is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Specioza who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.