To help expand his business, Charles has requested a loan of 1000,000 Ugandan Shillings from BRAC Uganda to purchase iron for making saucepans. With the help of the loan, he hopes to generate greater profits and pay the school fees for his children. In the future, Charles hopes to own a factory that makes saucepans.
About BRAC UgandaThis loan is administered by BRAC Uganda, a registered non-governmental organization (NGO) in Uganda that is also a part of the BRAC international network. BRAC Uganda attempts to address poverty through a holistic model, offering programs in education, health, water & sanitation, agriculture, and microfinance. BRAC Uganda’s microfinance program aims to provide the poor with easy, reliable, and efficient access to institutional financial services, and reaches over 150,000 families in Uganda. For more on BRAC Uganda, please see our partner page, and join our lending team, Friends of BRAC Uganda.
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