Florence is 40 years old and lives in the town of Arua in the Arua region of Uganda. She is married and has six children, two of whom are currently in school. For the past five years, Florence has been working hard to manage her poultry farm, which sells chickens.
To help expand her business, Florence has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy more chickens for resale, which will help Florence to generate greater profits and pay her children's school fees. Florence hopes that in the future she will be able to expand her business more.
Florence is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Florence 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.