A loan of $775 helped to buy clothes and bags for resale.

Mathias's story

Mathias is 43 years old and lives in the town of Mityana in the Mubende region of Uganda. He is married and has four children who are all currently in school. For the past three years, Mathias has been working hard to manage his retail shop in which he sells bags and clothes.

To help expand his business, Mathias has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy clothes and bags for resale, and will help Mathias to generate greater profits and pay school fees for his children. Mathias hopes that in the future, he will be able to expand his business more.

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