Funded

Total loan: $1,025
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Loy

Uganda
Nakifuma, Uganda / Medical Clinic

A loan of $1,025 helped to buy more medicine for resale.


Loy's story

Loy is 32 years old and lives in the town of Nakifuma, located in the Mukono region of Uganda. She is married and has four children, all of whom are in school. For the past 10 years, Loy has been working hard to manage her health clinic, which sells medicine.

To help expand her business, Loy has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda to buy more medicine for resale, and this will help her to generate greater profits. She hopes that in the future she will be able to build up more rental houses.

Loy is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Loy 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: May 14, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 14, 2012