To help expand her business, Sylvia has requested a loan of 700,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more pigs and goods to sell, and will help Sylvia to generate greater profits and pay for medical expenses. Sylvia hopes that in the future she will be able to buy a plot of land and build on it.
Sylvia 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 Sylvia's future prospects by helping her 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