A loan of $1,150 helped to purchase tires, tubes, wheels and paddles.

Charles's story

Charles is 46 years old and lives in the town of Bombo in the Luwero region of Uganda. He is married and has 6 children who are all currently in school. For the past 4 years, Charles has been working hard to manage his spare parts business, which sells tires, tubes, wheels and paddles.

To help expand his business, Charles has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase tires, tubes, wheels and paddles, and will help Charles to generate greater profits and increase stock. Charles hopes that, in the future, he will be able to meet target plans.

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