John lives in the town of Ibanda in the Fort Portal region of Uganda. He is married and has two children who are both currently in school. For the past five years, John has been working hard to manage his retail shop where he sells posho, soda, sugar, soap and other household goods.
To help expand his business, John has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more general items like beans, cooking oil and soap to keep his store fully stocked. The loan will help John to generate greater profits, increase daily income and improve his livelihood. John hopes that in the future, he will be able to have a larger store.
John is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like John who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro loans.
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.