Expired

Total loan: $1,025
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Teo


A loan of $1,025 helped to buy more beer, soda, and drinks to sell.


Teo's story

Teo lives in the town of Mubende in the Mubende region of Uganda. She is widowed and has three children, of whom one is currently in school. For the past four years, Teo has been working hard to manage her bar, where she sells beer and other beverages.

To help expand her business, Teo has requested a loan of 2,500,000 Ugandan Shillings (UGX) from BRAC Uganda. The loan will be used to buy more beer, soda, and drinks to sell, and will help Teo to generate greater profits and allow her to finish her rental houses. Teo hopes that in the future she will be able to open up a restaurant.

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



Loan details

Loan length:

14 months
Disbursed date: July 13, 2012
Expired: August 28, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 13, 2012
Expired: August 28, 2012