Shakirah is 48 years old and lives in the town of Mbarara in the Mbarara region of Uganda. She is married and has 3 children, with 1 of them currently in school. For the past 11 years, Shakirah has been working hard to manage her small shop, which sells clothes.
To help expand her business, Shakirah has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes for resale, and will help her generate greater profits and meet the basic needs of her family. She hopes that in the future she will be able to start up a second business.
Shakirah is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like her 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.