Patrick is 25 years old and lives in the town of Kasubi in the Kampala East region of Uganda. For the past three years, Patrick has been working hard to manage his retail shop, which sells essential goods like sugar, salt, and soap.
To help expand his business, Patrick has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more goods like bottled water and soap, and will help Patrick to generate greater profits and allow him to finish his house. Patrick hopes that in the future he will be able to open a wholesale shop.
Patrick is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Patrick 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.