Godfrey is 31 years old and lives in the town of Arua1 in the Arua region of Uganda. He is married and has 2 children, with 1 of them currently in school. For the past 12 years, Godfrey has been working hard to manage his small business, which is selling clothes.
To help expand his business, Godfrey has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes to sell, and will help him to generate greater profits and pay school fees for his children. He hopes that in the future he will be able to open up another business so as to create more job opportunities in town.
Godfrey is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Godfrey who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.
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.