A loan of $825 helped to purchase more shoes for resale.

Micheal's story

Micheal is 35 years old and lives in the town of Kachwamba in the Fort Portal region of Uganda. He is married with 4 children, 3 of whom are currently in school. For the past 3 years, Micheal has been working hard to manage his small business.

To help expand his shoe business, Micheal has requested a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase more shoes for resale, and it will help Micheal to generate greater profits and pay for his children's schooling. Micheal hopes that in the future he will be able to expand and buy leather shoes.

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

Loan details

Lenders and lending teams

Loan details