Perezi is 37 years old and lives in the town of Ibanda in the Kabwohe region of Uganda. He is married and has 4 children, 2 of whom are currently in school. For the past 6 years, Perezi has been working hard to manage his retail shop, which sells sugar, soap, books and ghee.
To help expand his business, Perezi has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to stock more commodities, such as maize flour and sugar, allowing Perezi to generate greater profits and be able to satisfy his customers. Perezi hopes that in the future he will be able to move from retail into wholesale.
Perezi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Perezi 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.