Joy is 17 years old and lives in the town of Rukoki in the Fort Portal region of Uganda. For the past 2 years, Joy has been working hard to manage her small hotel, which sells food.
To help expand her business, Joy has requested a loan of 400,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more food for resale, and will help Joy generate greater profits and pay school fees for herself. Joy hopes that in the future she will be able to buy a plot of land.
Joy is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to micro-finance loans, the program provides both a safe place for young Ugandan women to take part in group activities and a forum for life skills training. The ELA program has increased Joy's future prospects by helping her to get money to add to her business.
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.