Teddy N. is 29 years old and lives in the town of Nateete in the Kampala west region of Uganda. She is married and has one child who is currently in school. For the last five years, Teddy has run a salon business. She also sells wholesale clothes.
To help expand her business, Teddy has requested a loan of 1,700,000 UGX from Kiva partner, BRAC Uganda. The loan will be used to purchase more hair oil. With the help of the loan from BRAC, Teddy hopes to generate greater profits and be able to pay for school fees. In the future, Teddy hopes to own a car.
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.