Funded

Total loan: $400
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Maureen

Uganda
Hoima, Uganda / General Store

A loan of $400 helped buy more sugar, soap and other home supplies to sell to her customers.


Maureen's story

Maureen is 27 years old and lives in the town of Hoima, Uganda with her husband and three children, one of whom is currently in school. For the last two years, Maureen has worked hard to manage her retail shop, where she sells sugar, soap and other products for the home. To help expand her business, Maureen has applied for a loan for 1,000,000 Ugandan Shillings from BRAC Uganda. She will use the loan to buy more items to sell to her customers. She plans to use the additional income made possible by this loan to buy more food for her family. Her goal for the future is to someday own a wholesale business. Maureen is a member of BRAC's Small Enterprise Program (SEP), which serves small entrepreneurs who do not have enough collateral for commercial loans but have businesses that are too large for microloans.



Loan details

Loan length:

14 months
Disbursed date: November 11, 2011

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 11, 2011