Henry is 47 years old and lives in the town of Kasangati in the Kampala east region of Uganda. He is married and has 5 children with 2 of them currently in school. For the past 2 years, Henry has been working hard to manage his small business, which does welding, making metal doors and windows.
To help expand his business, Henry has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more metal materials for making doors for resale and will help Henry to generate greater profits and pay his children's school fees. Henry hopes that in the future he will be able to expand his business.
Henry is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Henry 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.