Mercy M. is 20 years old and lives in the town of Mukono in the Mukono region of Uganda. She is married and has 1 child, who is not currently in school. Mercy has a business of a salon, which she has had for 1 year, and she also sells cosmetics.
To help expand her business, Mercy has requested a loan of 200,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase cosmetic lotions. With the help of the loan from BRAC, Mercy hopes to generate greater profits and take care of herself. In the future, Mercy hopes to own a big cosmetics shop.
Mercy is a member of BRAC’s Empowerment and Livelihood for Adolescents (ELA) program, which has helped her prospects for the future by learning how to save.
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.