Nuru is 46 years old and lives in the town of Fort Portal in Uganda. She is widowed and has 2 children who are all currently in school. For the past 5 years, Nuru has been working hard to manage her boutique shop, which sells clothes.
To help expand her business, Nuru has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes for resale, and will help Nuru to generate greater profits and expand her business. Nuru hopes that in the future she will be able to own another business.
Nuru is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Nuru 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.