A loan of $875 helped to buy more essential commodities like sugar, to resell.

Peter's story

Peter is thirty-three years old and lives in the town of Mityana in the Mubende region of Uganda. He is married and has five children with three of them currently in school. For the past two years, Peter has been working hard to manage his retail shop, which sells sugar and soap.

To help expand his business, Peter has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities like sugar to resell. This will help Peter to generate greater profits and pay school fees for his children. Peter hopes that in the future he will be able to expand his business.

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