Funded

Total loan: $775
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Joseph

Uganda
Nyendo, Uganda / Clothing Sales

A loan of $775 helped to add to his capital and buy more clothes to sell.


Joseph's story

Joseph is 27 years old and lives in the town of Nyendo in the Masaka region of Uganda. He is married and has two children. For the past five years, Joseph has been working hard to manage his clothing business, which trades in garments

To help expand his business, Joseph has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to add to his capital and buy more clothes to sell. This will help Joseph to generate greater profits and expand the business. Joseph hopes that in the future he will be able to have a big business.

Joseph is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Joseph 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: February 14, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 14, 2013