Robert is 33 years old and lives in the town of Bungokho in the Mbale region of Uganda. For the past two years, Robert has been working hard to manage his bar and lodge, which sells drinks and sodas to local customers.
To help expand his business, Robert has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to construct more rooms in his bar, and will help Robert to generate greater profits and improve his family's welfare. Robert hopes that in the future he will be able to develop even more rooms on the lodge side of his bar.
Robert is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Robert 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.