Teopista is 45 years old and lives in the town of Kireka in the Kampala north region of Uganda. She is widowed and has 4 children, with 2 of them currently in school. For the past 10 years, Teopista has been working hard to manage her poultry farm, which sells chicken.
To help expand her business, Teopista has requested a loan of 1,700,000 Ugandan Shillings (UGX) from BRAC Uganda. The loan will be used to buy more poultry feed, and will help Teopista to generate greater profits and pay school fees for her children. Teopista hopes that in the future she will be able to expand her business.
Teopista is a member of BRAC's Small Enterprise Program (SEP), which primarily serves small entrepreneurs like Teopista 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.