Getrude is 47 years old and lives in the town of Mukono in the Mukono region of Uganda. She is married and has six children, two of whom are currently in school. For the past three years, Getrude has been working hard to manage her shop, which sells video tapes, CDs and DVDs.
To help expand her business, Getrude has requested a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase another computer, video tapes, CDs and DVDs. This will help Getrude to generate greater profits so she can expand the business. Getrude hopes that in the future she will be able to live a good life.
Getrude is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Getrude 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.