Jackson is 41 years old and lives in the town of Kasese in the Fort Portal region of Uganda. He is married and has two children, with one of them currently in school. For the past five years, Jackson has been working hard to manage his small clothing business, in which he sells clothes.
To help expand his business, Jackson has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to stock more cartons of clothes to sell, and will help Jackson to generate greater profits and improve his family's stadands of living. Jackson hopes that in the future, he will be able to expand his business into a wholesale shop.
Jackson is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small-scale entrepreneurs like Jackson 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.