Stanley is 40 years old and lives in the town of Najera, in the Kampala east region of Uganda. He is married and has two children,who are currently in school. For the past 10 years, Stanley has been working hard to manage his retail shop, where he sells household commodities.
To help expand his business, Stanley has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. He will use the loan to buy more household commodities to sell, including bread, eggs, toilet paper, sodas, and flour. The increase in his stock will help Stanley to generate greater profits. Stanley hopes that in the future, he will be able to improve his business.
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.