A loan of $600 helped to buy more cosmetics products for resale.

Teddy's story

Teddy is 42 years old and lives in the town of Kibuli in Uganda. She is married and has two children, one of whom is currently in school. For the past five years, Teddy has been working hard to manage her beauty shop, which sells various kinds of cosmetics.

To help expand her business, Teddy has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more cosmetics products for resale, and will help Teddy to generate greater profits and improve her family's welfare. Teddy hopes that in the future she will be able to start up another business.

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