Juliet is 46 years old and lives in the town of Kasagati in the Kampala East region of Uganda. She is married and has 6 children with two of them currently in school. For the past 10 years, Juliet has been working hard to manage her retail shop, which sells household items like sugar.
To help expand her business, Juliet has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase essential commodities like sugar and salt for resale, and will help Juliet to generate greater profits and increase her capital stock. Juliet hopes that in the future she will be able to expand her business size.
Juliet is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Juliet 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.