Kenneth is 28 years old and lives in the town of Kacwamba in the Fortportal region of Uganda. He is married and has no children. For the past seven years, Kenneth has been working hard to manage his video library.
To help expand his business, Kenneth has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to purchase DVDs, and will help Kenneth to generate greater profits and improve services. Kenneth hopes that in the future he will be able to expand his business.
Kenneth is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Kenneth 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.