Milly is 39 years old and lives in the town of Nansana in the Kampala region of Uganda. She has three children. For the past eight years, Milly has been working hard to manage her salon, which styles hair and does hair extensions for local clients.
To help expand her business, Milly has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more hair care supplies, and will help Milly to generate greater profits and improve her family's quality of life. Milly hopes that in the future she will be able to open up a training school for hair dressing.
Milly is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Milly 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.