Florence is 35 years old and lives in the town of Kabwohe, Uganda. She is married and has three children, with two of them currently in school. For the past ten years, Florence has been working hard to manage her small business, which sells mattresses.
To help expand her business, Florence has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more mattresses and blankets, and will help Florence to generate greater profits and help her live a better life. Florence hopes that in the future she will be able to start a wholesale mattress shop.
Florence is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Florence 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.