Jemeo
A loan of $725 helps to buy more drinks to sell.
Jemeo's story
Jemeo is 37 years old and lives in the town of Makindye in the Makindye region of Uganda. She is married and has 4 children with 3 of them currently in school.
For the past 8 years, Jemeo has been working hard to manage her depot, which sells soft drinks. To help expand her business, Jemeo has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy more drinks to sell and will help Jemeo to generate greater profits and she will be able to construct rentals. Jemeo hopes that in the future she will be able to construct rental units.
She is a member of BRAC's microfinance program which primarily serves small-group members like her who do not have collateral for commercial loans but have businesses that have grown and qualify for microloans.