Ben is 44 years old and lives in the town of Pallisa, located in the Iganga region of Uganda. He is married and has 8 children, 4 of whom are currently in school. For the past 10 years, Ben has been working hard to manage his clothing store, where he sells items such as dresses, suits and shoes.
To help expand his business, Ben has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. This loan will be used to buy more clothes, suits, sandals and caps. This increased inventory will bring in more customers, which will help Ben to generate greater profits. Ben hopes that he will be able to become a wholesaler in the future.
Ben is a member of BRAC's Small Enterprise Program (SEP). This program primarily serves small-business entrepreneurs like Ben who do not have enough collateral for commercial loans, but who own businesses that have grown too large for micro loans.
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.