George William is 30 years old and lives in the town of Lukaya in the Masaka region of Uganda. For the past two years, George William has been working hard to manage his retail business, which sells sodas, sugar, Splash juice, and cooking oil.
To help expand his business, George William has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more commodities like sodas, sugar, Splash juice, and cooking oil for resale, and will help George William to generate greater profits and take care of himself and buy new clothes. George William hopes that in the future, he will be able to set up another retail shop.
George William is a member of BRAC's Small Enterprise Program (SEP).The program primarily serves small entrepreneurs like George William 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.