A loan of $600 helped to buy more sorghum and groundnuts to sell.

Gregory's story

Gregory is 32 years old and lives in the town of Kumi in the Mbale region of Uganda. He is married and has three children, one of whom is currently in school. For the past three years, Gregory has been working hard to manage his grocery store, which sells groundnuts, millet and sorghum.

To help expand his business, Gregory has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more sorghum and groundnuts for resale. It will help Gregory to generate greater profits and add to his limited stock of groundnuts. Gregory hopes that in the future he will be able to construct a permanent house for his family.

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