Funded

Total loan: $1,175
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Sophie

Uganda
Mbale, Uganda / Shoe Sales

A loan of $1,175 helped to buy more shoes to sell.


Sophie's story

Sophie is 40 years old and lives in the town of Mbale in the Mbale region of Uganda. She is married and has six children who are all currently in school. For the past 12 years, Sophie has been working hard to manage her small business, which sells shoes.

To help expand her business, Sophie has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more shoes to sell, and will help Sophie to generate greater profits and pay school fees for her children. Sophie hopes that in the future she will be able to to become the richest business woman in town.

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

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 13, 2012