Godfrey is 37 years old and lives in the town of Mityana in the Mubende region of Uganda. He is married and has four children with three of them currently in school. For the past three years, Godfrey has been working hard to manage his agrovet shop, which sells back sprayers, seeds, herbicides and fungicides.
To help expand his business, Godfrey has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more herbicides, seeds and other products for his shop, and will help Godfrey to generate greater profits and buy more goods to increase his stock which will help him to accumulate his income. Godfrey hopes that in the future he will be able to grow his agrovet business .
Godfrey is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Godfrey 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.