To help expand her business, Irene has requested a loan of 300,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities like sugar, soap, salt and rice for resale. It will help Irene to generate greater profits and take care of her child and her parents. Irene hopes that, in the future, she will be able to expand her business into a wholesale shop.
Irene 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
143View loans »
Success!! The loan was 100% repaid