Funded

Total loan: $1,200
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Alfred

Uganda
Kijura, Uganda / General Store

A loan of $1,200 helped to expand the business by purchasing more items.


Alfred's story

Alfred is 48 years old and lives in the town of Kijura in the Hoima region of Uganda. He is married and has no children currently in school. For the past five years, Alfred has been working hard to manage his retail shop, which handles general products.

To help expand his business, Alfred has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used for the expansion of the business by purchasing more items, and will help Alfred to generate greater profits and to increase the family income. Alfred hopes that, in the future, he will be able to own an expanded business with various outlets.

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



Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: October 17, 2013

Lenders and lending teams




Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: October 17, 2013