Bayan is 45 years old and lives in the town of Mubende in the Mubende region of Uganda. She is married and has four children who are all currently in school. For the past three years, Bayan has been working hard to manage her retail shop, which sells dry beans, sugar, maize, flour and salt.
To help expand her business, Bayan has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities like milk, bread, sugar and soap for resale, and will help Bayan to generate greater profits and pay school fees for her children. Bayan hopes that, in the future, she will be able to build a commercial house.
Bayan is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Bayan 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.