A loan of $1,275 helped to purchase a big screen television.

Phillip's story

Phillip is 31 years old and lives in the town of Tororo in the Mbale region of Uganda. He is married and has 3 children, with 2 of them currently in school. For the past 2 years, Phillip has been working hard to manage his salon, which does hairdressing.

To help expand his business, Phillip has requested a loan of 300,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase a big screen television and will help Phillip to generate greater profits and then pay school fees for his children. Phillip hopes that in the future he will be able to educate his children.

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