Saidaati is 35 years old and lives in the town of Mbarara in the Mbarara region of Uganda. She is married with five children, three of whom are currently in school. For the past 14 years, Saidaati has been working hard to manage her small shop, where she sells clothes.
To help expand her business, Saidaati 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 Saidaati to generate greater profits and provide for her daily needs. Saidaati hopes that in the future she will be able to own a boutique.
Saidaati is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Saidaati who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.
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.