Sam is 46-years-old and lives in the town of Namutuba in the Iganga region of Uganda. He is married and has 4 children who are all currently in school. For the past 3 years Sam has been working hard to manage his small business which sells maize and beans.
To help expand his business, Sam has requested a loan of 2000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more maize and beans for resale, and will help Sam to generate greater profits and pay school fees for his children. Sam hopes that in the future he will be able to own a big business.
Sam is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Sam who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.
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.