Winnie is 38 years old and lives in the town of Kireka in the Kampala South region of Uganda. She is married and has two children who are both currently in school. For the past two years, Winnie has been working hard to manage her salon, where she does hairdressing for local women.
To help expand her business, Winnie has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase the equipment needed to do special braids and will help Winnie to generate greater profits and pay school fees for her children. Winnie hopes that in the future she will be able to own a retail shop.
Winnie is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Winnie who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.
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.