100%

funded

Total loan: $925

Ibrahim

Kasese, Western Region, Uganda / Retail

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A loan helped to buy more inventory for his shop, such as sugar, soap, water, and bread.


Ibrahim's story

Ibrahim is 39 years old and lives in the town of Kasese in the Fortpotal region of Uganda. He is married and has 4 children with 3 of them currently in school. For the past 15 years, Ibrahim has been working hard to manage his retail shop where he sells essentials such as sugar and soap . To help expand his business, Ibrahim has requested a loan of 2,500,000 UGX from BRAC Uganda. He will use the loan to buy more inventory to sell in his shop, items like sugar, soap, water, and bread. This will help Ibrahim to generate greater profits and, in turn, pay his children's school fees. Ibrahim hopes that, in the future, he will be able to buy another plot of land. Ibrahim is a member of BRAC's Small Enterprise Program (SEP). This program primarily serves small entrepreneurs, like Ibrahim, who do not have enough collateral for commercial loans, yet have businesses that have grown too large for microloans.