A loan of $975 helped to buy more spare parts for resale.

Steven's story

Steven is 35 years old and lives in the town of Fort Portal in Uganda. He is married and has 3 children who are all currently in school. For the past 10 years, Steven has been working hard to manage his retail shop, which sells motor spare parts.

To help expand his business, Steven has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more spare parts for resale, and will help Steven to generate greater profits and pay school fees for his children. Steven hopes that in the future he will be able to build a shop that will eliminate the cost of renting.

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

Loan details

Lenders and lending teams

Loan details