Mariam is 27 years old and lives in the town of Mukono in the Mukono region of Uganda. She is single and has one child who is currently in school. For the past 8 years, Mariam has been working hard to manage her dairy, which sells milk, bread, and donuts.
To help expand her business, Mariam has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy and stock more milk, bread, and donuts for resale and will help Mariam to generate greater profits and increase capital. Mariam hopes that in the future she will be able to open a bigger dairy.
Mariam is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mariam 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.