Funded

Total loan: $750
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Federosi

Uganda
Mubende, Uganda / Restaurant

A loan of $750 helped to buy foods such as raw bananas and beans for sale.


Federosi's story

Federosi is 46 years old and lives in the town of Mubende in the Mubende region of Uganda. She is widowed and has four children, one of whom is currently in school. For the past four years, Federosi has been working hard to manage her restaurant.

To help expand her business, Federosi has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to stock more fresh foods, such as raw bananas and beans, for sale. This will help Federosi to generate greater profits and pay school fees for her remaining children and provide her family's basic needs. Federosi hopes that in the future she will be able to complete construction of rental houses.

Federosi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Federosi 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 11, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 11, 2012