Funded

Total loan: $775
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Abigumira

Uganda
Kyenjojo, Uganda / General Store

A loan of $775 helped to buy more soap, sugar, and cooking oil to offer for sale.


Abigumira's story

Abigumira, age 40, lives in the town of Kyenjojo in the Mubende region of Uganda. He and his wife have four children who are all currently enrolled in school. For the past three years, Abigumira has been working hard to manage his retail shop, which sells soap, sugar, and cooking oil.

To help expand his business, Abigumira has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more soap, sugar, and cooking oil to offer for sale, and the expected profits will help Abigumira to improve his business and pay school fees for his children. Abigumira hopes that in the future he will be able to expand his business more.

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



Loan details

Loan length:

14 months
Disbursed date: October 13, 2011

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 13, 2011