Expired

Total loan: $800
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Godfrey

Uganda
Bunghokho, Uganda / General Store

A loan of $800 helped to purchase more essential commodities like sugar for resale.


Godfrey's story

Godfrey is 32 years old and lives in the town of Bungokho in the Mbale region of Uganda. He is married and has 3 children with 1 of them currently in school. For the past 7 years, Godfrey has been working hard to manage his retail shop, which sells sugar and soap.

To help expand his business, Godfrey has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more essential commodities like sugar for resale, and will help Godfrey to generate greater profits and add more stock in his shop. Godfrey hopes that in the future he will be able to own another business.

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



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: April 12, 2012
Expired: June 13, 2012

Lenders and lending teams



Loan details

Loan length:

21 months
Repayment schedule: Irregularly
Disbursed date: April 12, 2012
Expired: June 13, 2012