Funded

Total loan: $800
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Johnsen

Uganda
Kibuli, Uganda / General Store

A loan of $800 helped to buy more sugar, salt, and cooking oil for resale.


Johnsen's story

Johnsen is 35 years old and lives in the town of Kibuli in Uganda. He is married and has two children, one of whom is currently in school. For the past three years, Johnsen has been working hard to manage his retail shop, which sells food and household supplies to local customers.

To help expand his business, Johnsen has requested a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more sugar, salt, and cooking oil for resale, and it will help Johnsen to generate greater profits and improve his family's welfare. Johnsen hopes that in the future he will be able to construct more rental houses for extra income.

Johnsen is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Johnsen 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 12, 2011

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 12, 2011