Musa is 40 years old and lives in the town of Nansana in the Kampala region of Uganda. He is married and has two children, one of whom is currently in school. For the past eight years, Musa has been working hard to manage his produce business, which sells posho (or ugali, made from cassava or maize), rice and cassava flour.
To help expand his business, Musa has requested a loan of 3,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase posho, rice and cassava flour, and will help Musa to generate greater profits and expand the business. He hopes that in the future, he will be able to earn more income.
Musa is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Musa who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.
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.