Funded

Total loan: $975
Powered by 34 lenders

Grace

Uganda
Fort Portal, Uganda / Beauty Salon

A loan of $975 helped to purchase hair weaves, relaxers, and treatments.


Grace's story

Grace is 32 years old and lives in the town of Fort Portal, Uganda. For the past 5 years, Grace has been working hard to manage her salon, which sells braids and extensions, and plaits hair.

To help expand her business, Grace has requested a loan of 2,500,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase hair weaves, relaxers, and treatments, and will help Grace to generate greater profits and attract more customers. Grace hopes that in the future she will be able to stock her salon with more products not there.

Grace is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Grace 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: November 10, 2012

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: November 10, 2012