Godfrey is 36 years old and lives in the town of Nebbi in the Arua region of Uganda. He is married and has 2 children with 1 of them currently in school. For the past two years, Godfrey has been working hard to manage his bar, which sells soft drinks, spirits and beer.
To help expand his business, Godfrey has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to add valuable goods like soft drinks, spirits and beer to the business, and will help Godfrey to generate greater profits and bring more variety of drinks. Godfrey hopes that in the future he will be able to maintain his standard of business.
Godfrey is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Godfrey 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.