Ruth is 41 years old and lives in the town of Tororo in the Mbale region of Uganda. She is widowed and has 3 children, one of them currently in school. For the past 5 years, Ruth has been working hard to manage her small shop, which sells drinks.
To help expand her business, Ruth has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more drinks like sodas and beer for resale, and will help Ruth to generate greater profits and pay school fees for her children. Ruth hopes that in the future she will be able to expand her business.
Ruth is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ruth 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.