To help expand his business, Bukeru is requesting a loan in the amount of 1,500,000 UGX from BRAC Uganda. The loan will be used to buy more food items like passion fruit, Irish potatoes, etc., and will help Bukeru to generate greater profits and to thereby improve his family's standard of living. Bukeru hopes that in the future he will be able to open grocery stores in more locations.
Bukeru is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Bukeru who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.
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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Success!! The loan was 100% repaid