For the past two years, Josinta has been working hard to manage her small business, which sells dry food like cassava flour.
To help expand her business, Josinta has requested a loan of 400,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more cassava flour for resale, and will help Josinta to generate greater profits and earn money for her medical expenses. Josinta hopes that in the future she will be able to buy a plot of land and build on it.
Josinta is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to microfinance loans, the program provides both a safe place for young Ugandan women to take part in group activities and a forum for life-skills training. The ELA program has increased Josinta's future prospects by helping her to learn how to save money.
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.
This is a Group Loan
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Success!! The loan was 100% repaid