Samuel is 35 years old and lives in the town of Soroti in the Mbale region of Uganda. He is married and has 5 children. Four of his children are currently in school. Samuel has a business of a small retail shop that sells electrical items, which he has had for 5 years.
To help expand his business, Samuel has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase electrical materials for resale. With the help of the loan from BRAC, Samuel hopes to generate greater profits and pay school fees for his children. In the future, Samuel hopes to expand his business. Samuel is a member of BRAC’s small enterprise program (SEP), which has helped his future prospects by improving his business.
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.