Funded

Total loan: $800
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Margret

Uganda
Kibuli, Uganda / Restaurant

A loan of $800 helped to buy more ingredients for the food she sells at her restaurant.


Margret's story

Margret is 40 years old and lives in the town of Kibuli in Uganda. She is married and has five children, one of whom is currently in school. For the past three years, Margret has been working hard to manage her restaurant, which sells various types of food.

To help expand her business, Margret has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more ingredients for her dishes, and will help Margret to generate greater profits and improve her family's welfare. Margret hopes that in the future she will be able to open up another business.

Margret is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Margret 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: November 10, 2011

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 10, 2011