Rahuman is 48 years old and lives in the town of Arua in the Arua region of Uganda. He is married and has 5 children who are all currently in school. For the past 15 years, Rahuman has been working hard to manage his butchery shop where he sells meat.
To help expand his business, Rahuman has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more meat for resale and will help Rahuman to generate greater profits and pay school fees for his children. Rahuman hopes that in the future he will be able to have a better standard of living.
Rahuman is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Rahuman 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.