Ruth is 29 years old and lives in the town of Wobulezi in the Luwero region of Uganda. She is married and has 2 children who are both currently in school. For the past 6 years, Ruth has been working hard to manage her bar, which sells drinks like soda and beer.
To help expand her business, Ruth has requested a loan of 2000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more drinks for resale, and will help Ruth to generate greater profits and pay half of her children's school fees. Ruth hopes that in the future she will be able to buy a motorcycle.
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.