James is 32 years old and lives in the town of Nasana in the Kampala region of Uganda. He is married and has four children, one of whom is currently enrolled in school. For the past five years, James has worked hard to manage his small business, which involves selling building bricks.
To help expand his business, James has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. He will use this loan to buy more materials for making bricks, generate greater profits and pay school fees for his child. James hopes that in the future he will be able to start a retail shop.
He is a member of BRAC's Small Enterprise Program (SEP), which serves small entrepreneurs 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.