Maliki is 27 years old and lives in the town of Namutumba in the Iganga region of Uganda. He is married and has two children. For the past ten years, Maliki has been working hard to manage his retail shop, which sells sugar, salt and cooking oil.
To help expand his business, Maliki has requested a loan of 2,000,000 Ugandan Shillings (UGX) from BRAC Uganda. The loan will be used to increase plastic items such as plates and cups, and will help Maliki to generate greater profits and pay for his family’s medical bills.
Maliki hopes that in the future he will be able to start up another retail shop for his wife.
Maliki is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Maliki 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.