A loan of $1,150 helped to buy more clothes to sell.

Vincent's story

Vincent is 47 years old and lives in the town of Nakifuma in the Mukono region of Uganda. He is single and has 7 children with 4 of them currently in school. For the past 25 years, Vincent has been working hard to manage his small retail shop that sells clothes.

To help expand his business, Vincent has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes to sell, and will help Vincent to generate greater profits and pay school fees for his children. Vincent hopes that in the future he will be able to additionally provide quality services at the center.

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