A loan of $775 helped to further expand his business and to attract more customers by increasing his inventory of commodities (e.g., milk, cooking oil, sugar, and salt).

Saul's story

Saul is 36 years old and lives in the town of Maganjo in the Luwero region of Uganda. He is married and has three children, two of whom are currently in school.

For the past four years, Saul has been working hard to manage his retail shop, where he sells goods such as sugar, salt, and cooking oil.

To help expand his business, Saul has requested a loan in the amount of 2,000,000 UGX from BRAC Uganda. The loan will be used to increase his inventory of commodities such as milk, cooking oil, sugar, and salt. By doing so, he expects that the loan will enable him to attract more customers and to help him generate more profits, which will in turn help him pay school fees for his children. In the future, Saul hopes that he will be able to expand his business into a supermarket.

Saul is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Saul who do not have enough collateral for commercial loans, but who have businesses that have grown too large for microloans.

Loan details

Lenders and lending teams

Loan details