Twaha is 50 years old and lives in the town of Kinubi in the Hoima region of Uganda. He is married and has 6 children who are all currently in school. For the past 5 years, Twaha has been working hard to manage his motor spare parts business, which sells motorcycle spare parts.
To help expand his business, Twaha has requested a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to add into business and to buy more motor spare parts, and will help Twaha to generate greater profits and buy better machines for welding. Twaha hopes that in the future he will be able to transform into a workshop.
Twaha is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Twaha 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.