A loan of $800 helped to buy more different types of clothes for sale.

Peter's story

Peter is 28 years old and lives in the town of Soroti in the Mbale region of Uganda. He is married and has four children with two of them currently in school. For the past three years, Peter has been working hard to manage his boutique, which sells clothes.

To help expand his business, Peter has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more different types of clothes for sale, and will help Peter to generate greater profits and pay school fees for his children. Peter hopes that in the future he will be able to add more clothes to increase his working capital.

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