A loan of $775 helped to purchase essential commodities such as milk, cooking oil, sugar, and salt.


Stephen's story

Stephen is 47 years old and lives in the town of Iganga in the Iganga region of Uganda. He is married and has four children who are all currently in school. For the past five years, Stephen has been working hard to manage his retail shop, which sells sugar, salt, and cooking oil.

To help expand his business, Stephen has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to stock up on essential commodities such as milk, cooking oil, sugar, and salt in order to attract more customers. Profits will increase and will help Stephen to pay school fees for his four children. Stephen hopes that in the future he will be able to expand his business into a wholesale shop.

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