Swali is 48 years old and lives in Koboko, Uganda. He is married and has 6 children, 4 of which are currently in school. For the past 30 years, Swali has been working hard to manage his livestock.
To help expand his business, Swali has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy animal feed, and that will help Swali to generate greater profits and improve his family’s standard of living. Swali hopes that in the future he will be able to start a butcher shop.
Swali is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Swali 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.