Funded

Total loan: $1,225
Powered by 33 lenders

Grace

Uganda
Nakifuma, Uganda / General Store

A loan of $1,225 helped to buy more essential commodities for resale.


Grace's story

Grace is 36 years old and lives in the town of Nakifuma in the Mukono region of Uganda. She is married and has 4 children who are all currently in school. For the past 12 years, Grace has been working hard to manage her wholesale shop, which sells sugar and soap.

To help expand her business, Grace has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities for resale, and will help Grace to generate greater profits and improve more on her family's standards of living. Grace hopes that, in the future, she will be able to build a big commercial house in town.

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



Loan details

Loan length:

17 months
Repayment schedule: Irregularly
Disbursed date: May 10, 2012

Lenders and lending teams



Loan details

Loan length:

17 months
Repayment schedule: Irregularly
Disbursed date: May 10, 2012