Teddy is 50 years old and lives in the town of Gaba in the Kampala central region of Uganda. She is widowed and has no children. Teddy has a poultry firm business, which she has had for 2 years.
To help expand her business, Teddy has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase chicken for resale. With the help of the loan from BRAC, Teddy hopes to generate greater profits and take care of herself. In the future, Teddy hopes to expand her business.
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.