Ahmedi is 30 years old and lives in the town of Mityana, in the Mubende region of Uganda. He is married and has three children, two of them currently in school. For the past seven years, Ahmedi has been working hard to manage his small business, where he sells second-hand shoes.
To help expand his business, Ahmedi has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. He will use the loan funds to buy the best quality second-hand shoes, which will attract more customers. This use of the loan will help him to generate greater profits, to pay school fees for his children, and to have a better life. He hopes that, in the future, he will be able to open up a big wholesale shop.
Ahmedi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ahmedi, 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.