Deo is 49 years old and lives in the town of Kyenjojo in the Mubende region of Uganda. He is married and has 4 children with 1 of them currently in school. For the past 5 years, Deo has been working hard to manage his stationary shop, which sells stationary items such as books.
To help expand his business, Deo has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more staionary items such as exercise books and pens to sell, and will help Deo to generate greater profits and improve on the economic status of his family. Deo hopes that in the future he will be able to own a bigger stationary shop.
Deo is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Deo 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.