Samuel is 28 years old and lives in the town of Bugembe in the Jinja region of Uganda. He is single and has no children. Samuel has a small retail shop that sells sugar, etc. which he has had for six years. He owns another small shop that sells sugar, etc. as his second business.
To help expand his business, Samuel has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase essential goods like sugar for resale. With the help of the loan from BRAC, Samuel hopes to generate greater profits and buy new clothes for himself. In the future, Samuel hopes to expand his business.
Samuel is a member of BRAC’s small enterprise (SEP) program, which has helped his prospects for the future by increasing his capital.
About BRAC Uganda
This 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.