Funded

Total loan: $750
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Joyce

Uganda
Wobulenzi, Uganda / Grocery Store

A loan of $750 helped to buy more essential commodities like milk, bread, sugar and soap, for resale.


Joyce's story

Joyce is 38 years old and lives in the town of Wobulezi, in the Luwero region of Uganda. She is married and has four children, three of them currently in school. For the past five years, Joyce has been working hard to manage her retail shop, where she sells items such as maize flour, sugar, soap and drinks.

To help expand her business, Joyce has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities like milk, bread, sugar and soap, for resale. These purchases will help Joyce to generate greater profits, which she will use to pay school fees for the children. Joyce hopes that in the future, she will be able to own a supermarket.

Joyce is a member of BRAC's Small Enterprise Program (SEP). The program serves primarily small entrepreneurs like Joyce, 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: January 17, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 17, 2013