To help expand her business, Maria has requested a loan of 700,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more cosmetics to sell, and will help her to generate greater profits and save her profits. Maria hopes that in the future she will be able to buy a plot of land.
Maria is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to microfinance 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.
About BRAC UgandaThis 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.
This is a Group Loan
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Success!! The loan was 100% repaid