Nadia is 30 years old and lives in the town of Kireka in the Kampala South region of Uganda. She is married and has 2 children with 1 of them currently in school. For the past 3 years, Nadia has been working hard to manage her salon, where she cuts and styles hair.
To help expand her business, Nadia has requested a loan of 3000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more cosmetics to sell, and will help Nadia to generate greater profits and pay school fees. Nadia hopes that in the future she will be able to open up another salon.
Nadia is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Nadia 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.