A loan of $775 helped to buy more cassava, millet and maize flour to sell.

Richard's story

Richard is 27 years old and lives in the town of Kintintale in the Kampala South region of Uganda. For the past 5 years, Richard has been working hard to manage his grocery store, which sells maize, cassava and millet flour.

To help expand his business, Richard has requested a loan of 2000000 UGX from BRAC Uganda. The loan will be used to increase his business and buy more flour to sell. This will help Richard to generate greater profits and enhance his business. Richard hopes that in the future he will be able to sell more produce and make higher profits.

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