To help expand his business, Paul Jumah has requested a loan of 3000000 Ugandan Shillings from BRAC Uganda to stock more hardware items to sell. This will help him to generate greater profits and increase his family's income level. He hopes that in the future he will be able to expand the business.
Paul Jumah is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like him who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro loans.
About BRAC UgandaThis 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.
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