Godwin is 50 years old and lives in the town of Wakiso, in the Kampala region of Uganda. He is married and has five children, who are all currently in school. For the past 25 years, Godwin has been working hard to manage his cosmetics shop.
To help expand his business, Godwin has requested a loan of 4,500,000 UGX from BRAC Uganda. The loan will be used to buy cosmetic items, and will help Godwin to generate greater profits and stock the shop. Godwin hopes that in the future he will be able to own a big cosmetics shop.
Godwin is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Godwin 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.