Wilson is 29 years old and lives in the town of Kyenjojo in the Mubende region of Uganda. He is married and has one child. For the past 5 years, Wilson has been working hard to manage his small business, which sells electrical items like wire cables.
To help expand his business, Wilson has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more electrical items like wire cables, main switches and wiring gadgets, and will help Wilson to generate greater profits and improve his family standard of living. Wilson hopes that in the future he will be able to own a big well-stocked shop.
Wilson is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Wilson 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.