A loan of $800 helped to purchase more stock.

Stephen's story

Stephen is 27 years old and lives in Kacwamba in the region of fortportal in Uganda. For the past two years, he has been working hard to manage his grocery business, selling home use items.

To help expand his business, Stephen is requesting a loan from BRAC Uganda for 2,000,000 Ugandan Shillings, which he will use to expand the business by buying more stock. This loan will help Stephen to generate greater profits and Increase capital. He hopes that in the future he will be able to become a great enterprenuer.

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

Loan details

Lenders and lending teams

Loan details