Kassim is 43 years old and lives in the town of Ggaba in the Fort Portal region of Uganda. He is single and has 3 children with 2 of them currently in school. For the past 8 years, Kassim has been working hard to manage his wood shop, where he sells timber for construction.
To help expand his business, Kassim has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more timber, and will help Kassim to generate greater profits by increasing the amount of his timber stock he can sell. Kassim hopes that in the future he will be able to have more timber shops.
Kassim is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Kassim 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.