Desiranta is 42 years old and lives in the town of Bombo in the Luwero region of Uganda. He is married and has six children; four of the children are currently in school. For the past 11 years, Desiranta has been working hard to manage his retail shop, which sells sugar, flour, rice and other items.
To help expand his business, Desiranta has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more commodities such as rice and sugar to sell, and will help Desiranta to generate greater profits and increase the income level of the family. Desiranta hopes that in the future, he will be able to increase the capital.
Desiranta is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Desiranta 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.