Milton is 35 years old and lives in the town of Kasubi in the Kampala East region of Uganda. He is married and has one child. For the past three years, Milton has been working hard to manage his poultry farm which sells chicken.
To help expand his business, Milton has requested a loan of 2,500,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more chickens for resale and will help Milton to generate greater profits and manage to set up more chicken houses. Milton hopes that in the future he will be able to expand his farm and to also start keeping cattle.
Milton is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small business owners like Milton 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.