William is 35 years old and lives in the town of Mukono, Uganda. He is married and has 4 children with 3 of them currently in school. For the past 5 years, William has been working hard to manage his food stall, where he sells tomatoes, passion fruits, vegetables and onions.
To help expand his business, William has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more vegetables like onions and tomatoes to sell in his business, and will help William to generate greater profits and help him grow the business with increased sales. William hopes that in the future he will be able to have a bigger grocery.
William is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like William 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.