Maureen is 27 years old and lives in the town of Hoima, Uganda with her husband and three children, one of whom is currently in school. For the last two years, Maureen has worked hard to manage her retail shop, where she sells sugar, soap and other products for the home. To help expand her business, Maureen has applied for a loan for 1,000,000 Ugandan Shillings from BRAC Uganda. She will use the loan to buy more items to sell to her customers. She plans to use the additional income made possible by this loan to buy more food for her family. Her goal for the future is to someday own a wholesale business. Maureen is a member of BRAC's Small Enterprise Program (SEP), which serves small entrepreneurs who do not have enough collateral for commercial loans but have businesses that are 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.