Ahamedi is 38 years old and lives in the town of Mityano in the Mubende region of Uganda. He is married and has two children--one of them currently in school. For the past seven years, Ahamedi has been working hard to manage his small shop, which sells second-hand shoes.
To help expand his business, Ahamedi has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more women's and children's shoes, and will help Ahamedi to generate greater profits and buy a larger variety of shoes. Ahamedi hopes that in the future he will be able to open up other outlets for shoe sales.
Ahamedi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ahamedi 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.