A loan of $1,175 helped to buy more clothing to sell.

Monica's story

Monica is 35 years old and is married with three children who are all currently in school. She lives in the town of Masidi in the Hoima region of Uganda. For the past seven years, Monica has been working hard to manage her retail shop where she sells clothes. She is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Monica who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.

Monica is requesting a 3,000,000 UGX loan from BRAC Uganda to buy more garments to sell and help expand her business. She will use the profit from her loan to generate greater profits and pay school fees for her children and provide for other family needs. Monica hopes that in the future she will be able to expand the business into a wholesale shop.

Loan details

Lenders and lending teams

Loan details