Funded

Total loan: $825
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Agnes

Uganda
Masindi, Uganda / General Store

A loan of $825 helped to increase the inventory of her business.


Agnes's story

Agnes is 27 years old and lives in the town of Masindi in the Hoima region of Uganda. She is married and has two children with one currently in school. For the past two years, Agnes has been working hard to manage her retail shop, which sells general goods. She also has a small clinic.

To help expand her business, Agnes has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to increase the inventory of her business, and it will help Agnes to generate a greater profit. She hopes to make enough of a profit to complete her house. Agnes hopes that in the future she will be able to build her own commercial building so she does not have to rent.

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



Loan details

Loan length:

8 months
Disbursed date: June 20, 2012

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: June 20, 2012