Swairu is 52 years old and lives in the town of Ibanda in the Kabwohe region of Uganda. He has one child. For the past six years, Swairu has been working hard to manage his retail shop, where he sells candies, Pampers, bread, and other household goods.
To help expand his business, Swairu has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more goods like jelly, biscuits, and soap, and will help Swairu to generate greater profits and increase his daily income. Swairu hopes that in the future he will be able to grow his business and also set up a wholesale shop.
Swairu is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Swairu 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.