Paul is 34-years-old and lives in the town of Kasangati in the region of Kampala West in Uganda. He is married and has four children, three of whom currently attend school. For the past four years, Paul has been working hard to manage his brick laying business, which makes bricks.
To help expand his business, Paul has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to increase bricks and labor, and will help Paul generate greater profits and provide for his family. Paul hopes that in the future he will be able to expand his business.
Paul is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Paul, 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.