Funded

Total loan: $1,000
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Robert

Uganda
Kasese, Uganda / Pharmacy

A loan of $1,000 helped to buy medicine for his shop.


Robert's story

Robert is 32 years old and lives in the town of Kasese in the region of Fort Portal in Uganda. He is married and has one child. For the past 3 years, Robert has been working hard to manage his drug shop, which deals in different medicines.

To help expand his business, Robert has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy medicine for the shop and will help Robert to generate greater profits and increase his stock. Robert hopes that in the future he will be able to increase his inventory further.

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