Pascol is 30 years old and lives in the town of Gaba in the Kampala, south region of Uganda. He is married and has 3 children, 2 of them are currently in school. For the past 8 years, Pascol has been working hard to manage his bar shop, which sells drinks, such as soda, beer.
To help expand his business, Pascol has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more drinks, such as soda and beer, to sell, which will help Pascol generate greater profits, and pay school fees for his children. Pascol hopes that in the future, he will be able to expand the business into a whole sell shop.
Pascol is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Pascol 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.