Funded

Total loan: $800
Powered by 24 lenders

Samuel

Uganda
Kalerwe, Uganda / Bookstore

A loan of $800 helped to buy more books, pens and printing paper for resale.


Samuel's story

Samuel is 50 years old and lives in the town of Kalerwe in the Kampala east region of Uganda. He is married and has one child who is currently in school. For the past 5 years, Samuel has been working hard to manage his stationery shop, which also sells books.

To help expand his business, Samuel has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more books, pens and printing paper for resale and will help Samuel to generate greater profits and cover medical expenses. Samuel hopes that in the future he will be able to expand with various branches of the same business.

Samuel is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Samuel who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.



Loan details

Loan length:

14 months
Disbursed date: March 16, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: March 16, 2012