Stella is 25 years old and lives in the town of Nyendo in the Masaka region of Uganda. She is single and has no children. Stella has a small retail shop that sells soap and sugar, which she has had for five years.
To help expand her business, Stella has requested a loan of 1,500,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase essential commodities like soap, sugar and cooking oil for resale. With the help of the loan from BRAC, Stella hopes to generate greater profits and buy new clothes for herself. In the future, Stella hopes to expand her business. Stella is a member of BRAC’s small enterprise (SEP) program, which has helped her prospects for the future by improving 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.