Agnes is 21 years old and lives in the town of Kacwamba in the Fort Portal region of Uganda. She is single and has one child. For the past two years, Agnes has been working hard to manage her retail shop, where she sells general goods.
To help expand her business, Agnes has requested a loan of 700,000 UGX from BRAC Uganda. The loan will be used to purchase more goods such as sugar, soap, rice and beans for her store. This will help Agnes to generate greater profits and pay for her medical expenses. Agnes hopes that in the future she will be able to educate her child.
Agnes is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to micro-finance 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 Agnes' future prospects by helping her save money.
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.