A loan of $775 helped to expand and improve her salon by purchasing additional hair products (e.g., braids) and a hair dryer.

Loyce's story

Loyce is 29 years old and lives in the town of Bombo in the Luwero region of Uganda. She is married and has two children.

For the past two years, Loyce has been working hard to manage her salon, where she works as a hairstylist.

To help expand her business, Loyce has requested a loan in the amount of 2,000,000 UGX from BRAC Uganda. The loan proceeds will be used to buy more essentials for her salon, including braids and a hair dryer. She expects that the loan will help her generate increased profits and will enable her to improve her family's living stardands. In the future, Loyce hopes to expand her business into a vocational hairstylist training center.

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