BRAC started microfinance in Uganda in 2006, as a part of BRAC Uganda’s social development programmes. It transformed into a Tier II Credit Institution i.e. BRAC Uganda Bank Ltd in 2019.
BRAC Uganda Bank Ltd has the largest branch network (footprint) in the country, providing inclusive financial services to low-income communities predominantly women and a girl child who live in rural and hard-to-reach communities to enable them to build sustainable livelihoods.
Our core credit products include a group-based microloan provided exclusively to women, and small enterprise loans for entrepreneurs seeking to expand their businesses.
We also offer three types of savings products: Flex Save, a transactional account for borrowers and mid-to-low-income households; Wise Save, for formal and informal entrepreneurs, and salary-earners who wish to accumulate savings for a specific purpose; and Safe Save, for community-based savings and credit groups.
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