Funded

Total loan: $775
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Jennifer

Uganda
Iganga, Uganda / General Store

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


Jennifer's story

Jennifer is 32 years old and lives in the town of Iganga in the Iganga region of Uganda. She is married and has four children, three of them currently in school. For the past three years, Jennifer has been working hard to manage her retail shop, in which she sells sugar, salt, and cooking oil.

To help expand her business, Jennifer has requested a loan of 2000000 UGX (Ugandan Shillings) from BRAC Uganda. The loan will be used to increase more essential commodities such as milk, cooking oil, sugar, and salt, in order to attract more customers. Also, it will help Jennifer to generate greater profits, improve her business, and improve her family's standard of living. Jennifer hopes that, in the future, she will be able to manage paying for her children's education, up to the university level.

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