John is 44 years old and lives in the town of Kijura in the Hoima region of Uganda. He is married and has eight children, five of whom currently attend school. For the past six years, John has been working hard to manage his bar, where he sells beer and soft drinks.
To help expand his business, John has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to increase stock, and will help John to generate greater profits, boost his income, and buy a motorcycle. John hopes that in the future he will be able to expand and have another bar in town.
John is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like John 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.