Funded

Total loan: $1,200
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Moses


A loan of $1,200 helped to buy more beers, water, spirits, and wine.


Moses's story

Moses is 39 years old and lives in the town of Nansana in the region of Kampala east in Uganda. He is married and has seven children, with four of them currently in school. For the past five years, Moses has been working hard to manage his bar, which sells beer, water, spirits, and wine.

To help expand his business, Moses has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to fill the capital gap and buy more beers, water, spirits and wine, and will help Moses to generate greater profits and improve the bar. Moses hopes that in the future, he will be able to make the bar a bigger joint.

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



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: November 11, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: November 11, 2013