Alex is 36 years old and lives in the town of Kyengera in the Kampala west region of Uganda. He is married and has three children with one of them currently in school. For the past six years, Alex has been working hard to manage his clinic, where he sells drugs to sick people.
To help expand his business, Alex has requested a loan of 3,000,000 UGX from BRAC Uganda. The loan will be used to purchase more drugs for the clinic and other medical equipment. This loan will help Alex to generate greater profits and take his children to better schools. Alex hopes that in the future he will be able to start another business.
Alex is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs such as Alex who do not have enough collateral for commercial loans but who 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.