Jackson is 28 years old and lives in the town of Fort Portal in the Fort Portal region of Uganda. He is married and has three children, one of whom currently attends school. For the past four years, Jackson has been working hard to manage his hardware business, which sells hardware items.
To help expand his business, Jackson has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy more hardware items, and will help Jackson generate greater profits and improve his standard of living. Jackson hopes that in the future he will be able to expand his business.
Jackson is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Jackson 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.