Funded

Total loan: $1,225
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Mila


A loan of $1,225 helped to buy more cattle to sell.


Mila's story

Mila is 55 years old and lives in the town of Arua hill in the Arua region of Uganda. He is married and has 6 children. For the past 20 years, Mila has been working hard to manage his cow business, which sells cattle.

To help expand his business, Mila has requested a loan of 3000000 UGX from BRAC Uganda. He will use this loan to buy more cattle to sell, thereby generating greater profits that he can use to take care of his family and pay his medical bills. Mila hopes that in the future he will be able to become the richest man in town.

Mila is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mila 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: November 16, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 16, 2012