A loan of $750 helped to buy commodities such as sugar to sell.

Peter's story

Peter is 35 years old and lives in the town of Kumi in the Mbale region of Uganda. He is married and has three children with two of them currently in school. For the past five years, Peter has been working hard to manage his retail shop where he sells food and home supplies to local customers.

To help expand his business, Peter is requesting a 2,000,000 UGX loan from BRAC Uganda to buy more essential commodities like sugar for resale. His loan will help Peter to generate greater profits and pay his son's primary school fees. Peter hopes that in the future he will be able to transition his business into wholesale.

Peter is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Peter who do not have enough collateral for commercial loans but have businesses that have grown too large for microloans.

Loan details

Lenders and lending teams

Loan details