Funded

Total loan: $775
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James

Uganda
Iganga, Uganda / General Store

A loan of $775 helped to increase stock of essential commodities such as milk, cooking oil, sugar and salt to attract more customers.


James's story

James is 35 years old and lives in the town of Iganga in the Iganga region of Uganda. He is married and has two children, who are both currently in school. For the past one year, James has been working hard to manage his retail shop, which sells sugar, salt and cooking oil.

To help expand his business, James has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to increase his stock of essential commodities such as milk, cooking oil, sugar and salt to attract more customers. This will help James to generate greater profits and pay school fees for his children. James hopes that in the future, he will be able to build a commercial house.

James is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like James 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: December 5, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 5, 2012