A loan of $775 helped to buy phone accessories.

Peninah's story

Peninah is 31 years old and lives in the town of Bombo in the Luwero region of Uganda. She is married and has three children with one of them currently in school. For the past 10 years, Peninah has been working hard to manage her mobile money and retail store, which sells airtime cards and phone accessories.

To help expand her business, Peninah has requested a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy phone accessories and will help her to generate greater profits and increase stock. Peninah hopes that in the future she will be able to create another business.

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