Funded

Total loan: $975
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Meresi

Uganda
Mbale, Uganda / Shoe Sales

A loan of $975 helped to buy more shoes and materials.


Meresi's story

Meresi is 40 years old and lives in the town of Mbale in the Mbale region of Uganda. She is married and has three children with two of them currently in school. For the past three years, Meresi has been working hard to manage her shoe making business, which sells shoes for men, women and children.

To help expand her business, Meresi has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more shoes and materials, and will help Meresi to generate greater profits and increase the daily income. Meresi hopes that in the future she will be able to have more houses to rent.

Meresi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Meresi 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: June 17, 2014

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: June 17, 2014