Peter is 29 years old and lives in the town of Kasangati in the Kampala region of Uganda. He is married and has no children. For the past 10 years, Peter has been working hard to manage his bar business, which sells beer, spirits, soda, and water.
To help expand his business, Peter has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy beer, spirits, soda, and water, and will help Peter to generate greater profits and expand the business. Peter hopes that in the future he will be able to increase his daily income.
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.