Nathan is 34 years old and lives in the town of Mityana in the region of Mubende in Uganda. He is married and has three children, with two of them currently in school. For the past five years, Nathan has been working hard to manage his garments shop, which sells clothes.
To help expand his business, Nathan has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more clothes, and will help Nathan to generate greater profits and pay his family's bills. Nathan hopes that in the future, he will be able to expand his business.
Nathan is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Nathan 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.