Funded

Total loan: $1,000
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Paul


A loan of $1,000 helped to increase bricks and labor for his brick laying business.


Paul's story

Paul is 34-years-old and lives in the town of Kasangati in the region of Kampala West in Uganda. He is married and has four children, three of whom currently attend school. For the past four years, Paul has been working hard to manage his brick laying business, which makes bricks.

To help expand his business, Paul has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to increase bricks and labor, and will help Paul generate greater profits and provide for his family. Paul hopes that in the future he will be able to expand his business.

Paul is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Paul, 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 16, 2013

Lenders and lending teams



Loan details

Loan length:

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