Godfrey is 32 years old and lives in the town of Kintintale in the Kampala South region of Uganda. He has 2 children, 1 of whom is currently in school. For the past 2 years, Godfrey has been working hard to manage his retail shop, which sells essential items.
To help expand his business, Godfrey has requested a loan of 2000000 UGX from BRAC Uganda. He will use this loan to buy more essential commodities such as sugar, rice and soap for resale. This will help Godfrey generate greater profits though increased sales. Godfrey hopes that in the future he will be able to to boost his 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.