A loan of $775 helped to buy more timber to sell.

Jovanis's story

Jovanis is 52 years old and lives in the town of Hoima in the Hoima region of Uganda. She is widowed and has four children. For the past ten years, Jovanis has been working hard to manage her timber business, in which she trades in timber.

To help expand her business, Jovanis has requested a loan of UGX 2,000,000 (Ugandan shillings) from BRAC Uganda. The loan will be used to buy more timber to sell and will help Jovanis to generate greater profits and invest money in the business. Jovanis hopes that, in the future, she will be able to put her children through school.

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