Hamisi is 32 years old and lives in the town of Nakaloke in the Mbale region of Uganda. He is married and has two children with one of them currently in school. For the past 10 years, Hamisi has been working hard to manage his retail shop, which sells sugar, salt, beans, posho, soap, salt, bread, groundnuts, and soya flour.
To help expand his business, Hamisi has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy sugar, salt, beans, posho, soap, salt, bread, groundnuts, and soya flour, and will help Hamisi to generate greater profits and earn more. Hamisi hopes that in the future he will be able to develop.
Hamisi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Hamisi 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.