John is 43 years old and lives in the town of Nyendo in the Masaka region of Uganda. He is married and has 2 children who are all currently in school. For the past 4 years, John has been working hard to manage his bar, which sells soft drinks and alcohol.
To help expand his business, John has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more drinks such as beer, wine and spirits to sell. This will help John generate greater profits which will help generate income. John hopes that in the future he will be able to continue to improve the business.
John is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like John 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.