A loan of $775 helped to purchase cooking oil and sweets to sell.

Simon's story

Simon is 27 years old, married, and has three children, one of whom attends school. He lives in the town of Koboko in Uganda. For the past eight years, Simon has been working hard to manage his retail store, which sells sugar, flour, rice, and other items.

To expand his business, Simon is requesting a loan from BRAC Uganda for 2,000,000 Ugandan Shillings, which he will use to stock more goods such as cooking oil and sweets. This loan will help Simon to generate greater profits and expand his business to the wholesale level. Simon hopes that in the future he will be able to open a big shop.

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


Loan details

Lenders and lending teams

Loan details