A loan of $850 helped to buy more produce for resale.

Fred's story

Fred is 45 years old and lives in the town of Soroti in the Mbale region of Uganda. He is married and has 3 children who are all currently in school. For the past 18 years, Fred has been working hard to manage his small shop, which sells produce.

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

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