Muhammad is 36 years old and lives in the town of Pallisa in the Iganga region of Uganda. He is married and has three children. All of his children are currently in school. Muhammad has a business of a small retail shop that sells motorcycle spare parts that he has had for five years.
To help expand his business, Muhammad has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase motorcycle spare parts for resale. With the help of the loan from BRAC, Muhammad hopes to generate greater profits and pay school fees for his children. In the future, Muhammad hopes to expand his business. Muhammad is a member of BRAC’s small enterprise program (SEP), which has helped his future prospects by improving 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.