Jesse is 45 years old and lives in the town of Tororo in the Mbale region of Uganda. He is married and has five children who are all currently in school. For the past 20 years, Jesse has been working hard to manage his butchery, which sells fresh meat.
To help expand his business, Jesse has requested a loan of 2,000,000 Ugandan Shillings (UGX) from BRAC Uganda. The loan will be used to buy more fresh food for the butchery, and will help Jesse to generate greater profits and pay school fees for his children. Jesse hopes that in the future he will be able to educate his children up to university.
Jesse is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Jesse who do not have enough collateral for commercial loans, but whose businesses 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.