Funded

Total loan: $1,000
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Alfred

Uganda
Rukoki, Uganda / Farm Supplies

A loan of $1,000 helped to add to his business and buy more produce.


Alfred's story

Alfred is 42 years old and lives in the town of Rukoki in the region of Fort Portal in Uganda. He is married and has four children, with three of them currently in school. For the past 10 years, Alfred has been working hard to manage his business where he sells produce.

To help expand his business, Alfred has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to add to the business and will help Alfred to generate greater profits and to increase his family's standard of living. Alfred hopes that in the future he will be able to expand the business.

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 micro-loans.



Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: October 16, 2013

Lenders and lending teams




Loan details

Loan length:

19 months
Repayment schedule: Irregularly
Disbursed date: October 16, 2013