Lubwama is 49 years old and lives in the town of Bombo, in the Luwero region of Uganda. He is married and has 5 children. For the past 12 years, Lubwama has been working hard to manage his small business, which sells electronic items.
To help expand his business, Lubwama has requested a loan of 3000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more electronic items for resale, and will help Lubwama to generate greater profits and start up other businesses with in the town. Lubwama hopes that, in the future, he will be able to increase his stock and that will attract more customers.
Lubwama is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Lubwama 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.