Hasifa is 52 years old and lives in the town of Kyengera in the Kampala West region of Uganda. She is widowed and has 8 children. For the past 10 years, Hasifa has been working hard to manage her bar, which sells soda, beer and waragi.
To help expand her business, Hasifa has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to expand her business by buying more drinks, and will help Hasifa to generate greater profits and increase her stock. Hasifa hopes that in the future she will be able to open up more bars.
Hasifa is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Hasifa 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.