A loan of $800 helped to buy more ploughs, hoes and axes to sell.

Ronald's story

Ronald is 30 years old and lives in the town of Namutumba in the Iganga region of Uganda. He is married and has three children with two of them currently in school. For the past five years, Ronald has been working hard to manage his small business, which sells agriculture equipment.

To help expand his business, Ronald has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more ploughs, hoes and axes to sell, and will help Ronald to generate greater profits and pay school fees for his children in better schools. Ronald hopes that in the future he will be able to construct a residential house of his own.

Ronald is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ronald who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.

Loan details

Lenders and lending teams

Loan details