Muhamedi is 40 years old and is single with two children, one of whom is currently in shool. He lives in the town of Mbarara, Uganda. For the past five years, Muhamedi has been working hard to manage his shoe boutique, where he sells shoes for men, ladies and children.
Muhamedi is requesting a 3,000,000 UGX loan to buy a wide range of shoes to sell to help expand his business. His loan will help him generate greater profits and improve his family's livelihood. Muhamedi hopes that in the future he will be able to start another business.
Muhamedi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Muhamedi 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.