Funded

Total loan: $800
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Shakira

Uganda
Lyantonde, Uganda / Beauty Salon

A loan of $800 helped to buy hair products and hair dryers.


Shakira's story

Shakira is 22 years old and lives in the town of Lyantonde in the Mbarara region of Uganda. She is married and has 3 children, with 2 of them currently in school. For the past 2 years, Shakira has been working hard to manage her salon, which does hair dressing.

To help expand her business, Shakira has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more hair products and hair dryers, and will help Shakira to generate greater profits and pay school fees for her children. Shakira hopes that in the future she will be able to own a big modern salon.

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



Loan details

Loan length:

13 months
Disbursed date: September 13, 2012

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: September 13, 2012