A loan of $775 helped to buy more stock of soda, beer and spirits to sell at his bar.

Jacob's story

Jacob is 49 years old and lives in the town of Kireka in the south region of Kampala, Uganda. He is married and has three children, one of whom is currently in school. For the past six years, Jacob has been working hard to manage his bar, which sells soda, beer and spirits.

To help expand his business, Jacob has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more stock of soda, beer and spirits and will help Jacob to generate greater profits and increase his income. Jacob hopes that in the future he will be able to open a hardware store.

Jacob is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Jacob 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