"Ali is 35 years old and lives in the town of Mukono in the Mukono region of Uganda. He is married and has two children who are both currently in school. For the past five years, Ali has been working hard to manage his small bakery where he makes bread, cookies, and doughnuts for resale.
To help expand his business, Ali has requested a loan of 2500000 UGX (Ugandan Shillings) from BRAC Uganda. The loan will be used to buy more flour and cooking oil for making bread and will help Ali to generate greater profits and pay his children's school fees. Ali hopes that in the future he will be able to own another bakery in town.
Ali is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Ali, 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.