Funded

Total loan: $1,225
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Sophia

Uganda
Lyantonde, Uganda / Beauty Salon

A loan of $1,225 helped to buy more hair "excitations" and hair dryers.


Sophia's story

Sophia is 33 years old and lives in the town of Lyantonde in the Mbarara region of Uganda. She is married and has four children who are all currently in school. For the past 10 years, Sophia has been working hard to manage her salon, which does hair dressing.

To help expand her business, Sophia has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more hair "excitations" and hair dryers, and will help Sophia to generate greater profits and pay school fees for her children. Sophia hopes that in the future she will be able to provide good services to the people by buying more different items for the salon.

Sophia is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Sophia 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: August 13, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 13, 2012