Funded

Total loan: $825
Powered by 1 lenders

Betty


A loan of $825 helped to buy more beer to sell at her bar.


Betty's story

Betty is 33 years old and lives in the town of Namutumba in the Iganga region of Uganda. She is single and has 3 children, 2 of them currently in school. For the past 2 years, Betty has been working hard to manage her bar, which sells beer and other beverages.

To help expand her business, Betty has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more beer to sell, and will help Betty to generate greater profits. It will allow her to put effort into her work and then be able to pay for her children's school fees. Betty hopes that in the future she will be able to move her bar to be along the highway and to also buy a plane for her self.

Betty is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Betty 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: July 18, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 18, 2012