Robert is 32 years old and lives in the town of Busia in the Iganga region of Uganda. He is married and has one child. For the past four years, Robert has been working hard to manage his clothes shop where he sells dresses and pants.
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 expand his stock of clothes to sell, and will help Robert to generate greater profits and boost the business and increase his income. Robert hopes that in the future he will be able to open a second store.
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.