Moses is 39 years old and lives in the town of Nansana in the region of Kampala east in Uganda. He is married and has seven children, with four of them currently in school. For the past five years, Moses has been working hard to manage his bar, which sells beer, water, spirits, and wine.
To help expand his business, Moses has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to fill the capital gap and buy more beers, water, spirits and wine, and will help Moses to generate greater profits and improve the bar. Moses hopes that in the future, he will be able to make the bar a bigger joint.
Moses is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Moses 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.