Funded

Total loan: $1,200
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Gulibyo

Uganda
Pallisa, Uganda / Grocery Store

A loan of $1,200 helped to buy sugar, pads, soap, salt, bread, sweets, oil, Vaseline, and eggs.


Gulibyo's story

Gulibyo is 47 years old and lives in the town of Pallisa in the region of Mbale in Uganda. He is married and has five children, three of whom are currently in school. For the past 10 years, Gulibyo has been working hard to manage his grocery shop where he sells sugar, pads, soap, salt, bread sweets, oil, Vaseline, and eggs.

To help expand his business, Gulibyo has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more sugar, pads, soap, salt, bread, sweets, oil, Vaseline and eggs, and will help Gulibyo to generate greater profits and increase stock to get more income for school fees. Gulibyo hopes that in the future, he will be able to own a wholesale shop.

Gulibyo is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Gulibyo 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
Disbursed date: November 7, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: November 7, 2013