Robert is 40 years old and lives in the town of Mbale in the region of Uganda. He is married and has four children, with three of them currently in school. For the past 26 years, Robert has been working hard to manage his sandals business, which sells rubber sandals.
To help expand his business, Robert has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to add to the business and buy more rubber to make sandals for sale. It will help Robert to generate greater profits and earn money to put his children through school. Robert hopes that in the future, he will be able to employee people to help him run the business.
Robert is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Robert 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.