Kurusum is 35 years old and lives in the town of Mubende, in Uganda. She is married and has 4 children; 3 of them are currently in school. For the past 5 years, Kurusum has been working hard to manage her retail shop, which sells home consumption goods.
To help expand her business, Kurusum has requested a loan of 2500000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more inventory like cooking oil, toilet paper, and soap to sell, and will help Kurusum generate greater profits, pay school fees and help construct her rental house. Kurusum hopes that in the future she will be able to open up a restaurant.
Kurusum is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Kurusum who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.
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.