For the past seven years, Betty has been working hard to manage her stationary and printing business, where she sells exercise books and provides printing and photocopy services. To help expand her business, Betty has requested a loan in the amount of 2,000,000 UGX from BRAC Uganda. The loan proceeds would be used to buy another printer and computers, and should help Betty generate greater profits to allow her to continue to increase and improve her fixed assets like printers. In the future, Betty hopes to be able to start a computer training center.
Betty is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Betty who do not have enough collateral for commercial loans but who have businesses that have grown too large for microloans.
About BRAC UgandaThis 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.
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