Mariam is 35 years old and lives in the town of Makindye in the Kampala South region of Uganda. She is married and has seven children, all of whom who currently in school. For the past five years, she has worked hard at her charcoal-selling business. To help expand this business, she is requesting a loan for 2,000,000 Ugandan Shillings from BRAC Uganda. She will use this loan to increase her profits by buying more bags of charcoal to sell, and use the additional profits to go into the business of selling food as well as charcoal. In the future, she also hopes to build houses that she can rent. Mariam is a member of BRAC's Small Enterprise Program (SEP), which primarily serves small entrepreneurs like her 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.