A loan of $1,150 helped to buy spare parts for resale.

Charles's story

Charles is 33 years old and lives in the town of Kyenjojo in the Mubende region of Uganda. He is married and has 3 children, one of whom is currently in school. For the past five years, Charles has been working hard to manage his retail shop which stocks spare motor parts and motor oil.

To help expand his business, Charles has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy spare parts for resale, and will help Charles to generate greater profits and pay school fees for his children. Charles hopes that in the future he will be able to own a bigger shop for spare parts.

Charles is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Charles 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