Proscovia is 49 years old and lives in the town of Najera in the Kampala South region of Uganda. She is widowed and has five children, one of whom is currently in school. For the past 19 years, she has been working hard to manage her small business, where she sells paper-packing materials.
To help expand her business, Proscovia has requested a loan for 2,000,000 Ugandan Shillings from BRAC Uganda. She will use the loan to buy more paper materials to sell to supermarkets, hotels and other companies. This will help her to generate greater profits and boost her income and improve her family status. She hopes that in the future she will be able to have a wholesale business and open other related businesses.
Proscovia is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Proscovia 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.