Oliver is 48 years old and lives in the town of Packwach in the Arua region of Uganda. She is widowed and has one child who is currently in school. For the past 4 years, Oliver has been working hard to manage her bar, where she sells drinks like soda and beer.
To help expand her business, Oliver has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more sodas and beer for resale, and will help Oliver to generate greater profits and pay school fees for her child. Oliver hopes that in the future she will be able to to buy a fridge to be used in the bar.
Oliver is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Oliver who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.
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.