Funded

Total loan: $1,250
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Kefa

Uganda
Nakifuma, Uganda / General Store

A loan of $1,250 helped to buy more commodities to sell.


Kefa's story

Kefa is 40 years old and lives in the town of Nakifuma in the Mukono region of Uganda. He is married and has four children, two of whom are currently in school. For the past three years, he has worked hard to manage his retail shop, where he sells sugar and soap.

To help expand his business, Kefa has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. He will use this loan to buy more essential commodities to sell, and this will help him generate greater profits and improve his family's living standards. He hopes that in the future he will be able to open another retail shop.

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



Loan details

Loan length:

14 months
Disbursed date: April 5, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 5, 2012