Evelyn is thirty-three years old and lives in the town of Nebbi in the Arua region of Uganda. She is divorced and has three children, two of them are currently in school. For the past six years, Evelyn has been working hard to manage her retail shop, which sells sugar and soap.
To help expand her business, Evelyn has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities, and will help Evelyn to generate greater profits and pay part of the school fees for her children. Evelyn hopes that in the future she will be able to open a new branch of the same business.
Evelyn is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Evelyn 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.