Calvin is 34 years old and lives in the town of Rukoki in the Fort Portal region of Uganda. She is married and has 2 children, one of whom is currently in school. For the past 3 years, Calvin has been working hard to manage her small business, selling clothes.
To help expand her business, Calvin has requested a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more clothes for resale, and it will help Calvin to generate greater profits and increase her capital. Calvin hopes that in the future she will be able to earn more money to expand her business.
Calvin is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Calvin 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.