Robert is 41 years old and lives in the town of Rukoki in the Fortportal region of Uganda. He is married and has four children. For the past five years, Robert has been working hard to manage his retail shop, which sells sugar, maize flour and cooking oil.
To help expand his business, Robert has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more retail stock such as sugar and soap, and will help Robert generate greater profits and increase his stock for more profits. Robert hopes that in the future he will be able to increase his business sales.
Robert is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Robert 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.