Funded

Total loan: $1,200
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Richard

Uganda
Nansana, Uganda / Tailoring

A loan of $1,200 helped to buy more materials for making clothes to sell,.


Richard's story

Richard is 38 years old and lives in the town of Nasana in the Kampala west region of Uganda. He is married and has four children, with three of them currently in school.

For the past 10 years, Richard has been working hard to manage his tailoring. He does tailoring and sells clothes.

To help expand his business, Richard has requested a loan of UGX 3,000,000 from BRAC Uganda. The loan will be used to buy more materials for making clothes to sell. It will help Richard to generate greater profits and improve more on his business.

Richard hopes that in the future he will be able to own a textile manufacturer.

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

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Loan details

Loan length:

14 months
Disbursed date: September 11, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: September 11, 2013