David is 30 years old and lives in the town of Nasana in the Kampala west region of Uganda. He is married and has 2 children who are all currently in school. For the past 10 years, David has been working hard to manage his stationary shop, which sells stationary items such as books and printing services.
To help expand his business, David has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy more items for printing such as reams of paper which will help David generate greater profits; allowing him to improve his family's standard of living and enroll his children in better schools. David hopes that in the future he will be able to own a business space of his own and stop renting.
David is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like David 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.