Ocama is 49 years old and lives in the town of Kireka in the Kampala South region of Uganda. He is married and has four children with three of them currently in school. For the past three years, Ocama has been working hard to manage his stone quarrying business, which delivers stones to different customers for building houses.
To help expand his business, Ocama has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy tools to be used in the quarrying and will help Ocama to generate greater profits and pay school fees and expenses. Ocama hopes that in the future he will be able to expand his business.
Ocama is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ocama who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.
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.