Agnes is 50 years old and lives in the town of Zana in the Kampala west region of Uganda. She is married and has 5 children; 2 of them are currently in school. For the past 20 years, Agnes has been working hard to manage her retail shop, which sells sugar and soap.
To help expand her business, Agnes has requested a loan of 2000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to expand her business and will help Agnes to generate greater profits and increase her capital. Agnes hopes that in the future she will be able to build a bigger house.
Agnes is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Agnes 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.