Grace
A loan of $775 helps to purchase more cooking oil and flour.
Grace's story
Grace is 26 years old and lives in the town of Mityana, in the Mityana region of Uganda. She is married and has one child.
For the past four years, Grace has been working hard to manage her grocery store, which sells raw food. To help expand her business, Grace has requested a loan of 2,800,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more cooking oil, flour and other missing items for sale, and will help Grace to generate greater profits, repay the loan in time, and pay some of the house bills.
Grace hopes that in the future she will be able to educate her kid and also grow the business more. She is a member of BRAC's Microfinance Program (MF). The program primarily serves small group members, like Grace, who do not have collateral for commercial loans, but do have businesses that have grown and qualify for microloans.