Ahimu is 30 years old and lives in the town of Ibanba in the Kabwohe region of Uganda. He is married and has three children, with two of them currently in school. For the past four years, Ahimu has been working hard to manage his retail shop, which sells sugar, salt and cooking oil.
To help expand his business, Ahimu has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities like milk, bread, sugar and soap for resale, and will help Ahimu to generate greater profits and pay school fees for his children. Ahimu hopes that in the future, he will be able to open up other more retail shops around town.
Ahimu is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ahimu 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.