Issa is 42 years old and lives in the town of Bungokho in the Mbale region of Uganda. He is married and has three children. For the past 15 years, Issa has been working hard to manage his retail shop, which sells sugar, soap and salt.
To help expand his business, Issa has requested a loan of 3,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase more items to sell in his shop, and will help Issa to generate greater profits and pay school fees for his children. Issa hopes that in the future he will be able to increase his stock.
Issa is a member of BRAC's Small Enterprise Program. The program primarily serves small entrepreneurs like Issa 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.