Priscilla is 26 years old and lives in the town of Fort Portal in the Fort Portal region of Uganda. She is married and has one child. For the past six years, Priscilla has been working hard to manage her retail shop, which sells dry beans, maize flour, and sugar.
To help expand her business, Priscilla has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities like sugar, dry beans, and maize flour for resale, and will help Priscilla to generate greater profits and pay for her medical bills. Priscilla hopes that in the future she will be able to own a very big shop.
Priscilla is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Priscilla 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.