Susan is 33 years old and lives in the town of Kumi in the Mbale region of Uganda. She is married and has four children with two of them currently in school. For the past four years, Susan has been working hard to manage her grocery store, which sells food and home supplies to local customers.
To help expand her business, Susan has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more of a traditional food called pocho, since famine has been rampant and pocho is now in high demand. This will help Susan generate greater profits and pay for her children's school fees and other family bills. Susan hopes that in the future she will be able to finish building her new home.
Susan is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Susan 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.