Loudan is 36 years old and lives in the town of Mbarara, Uganda. She is married and has 3 children who are all currently in school. For the past 5 years, Loudan has been working hard to manage her clothing shop, which sells shirts, skirts, belts and shoes.
To help expand her business, Loudan has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to buy more women's suits, school uniforms, and belts, and will help Loudan to generate greater profits and increase her sales due to wider variety of stock. Loudan hopes that in the future she will be able to own a bigger shop.
Loudan is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Loudan 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.