Funded

Total loan: $1,175
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Sulaiman

Uganda
Masindi, Uganda / Hotel

A loan of $1,175 helped to purchase more bed frames and crates of beer.


Sulaiman's story

Sulaiman is 42 years old and lives in the town of Masindi in Uganda. He is married and has six children with four of them currently in school. For the past four years, Sulaiman has been working hard to manage his bar and lodge, which sells beer and soda in addition to offering beds to sleep in.

To help expand his business, Sulaiman has requested a loan of 3,000,000 UGX from BRAC Uganda. The loan will be used to purchase more bed frames and crates of beer, and iti will help Sulaiman to generate greater profits and complete his family's second house. Sulaiman hopes that in the future he will be able to open a depot for soda.

Sulaiman is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Sulaiman 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 11, 2011

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 11, 2011