Denis is 30 years old and lives in the town of Seeta in the Mukono region of Uganda. He is married and has two children. For the past seven years, Denis has been working hard to manage his boutique, which sells clothes.
To help expand his business, Denis has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more materials for making clothes to sell, and will help Denis to generate greater profits and take care of his family members. Denis hopes that in the future he will be able to expand his shop more.
Denis is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Denis 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.