Lydia is 36 years old and lives in the town of Kintintale in the Kampala South region of Uganda. She is married and has three children who are all currently in school. Lydia has been working hard to manage her electronic store, which deals in all kinds of electronics.
To help expand her business, Lydia has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to expand her business and buy more electronic items, which will help Lydia generate greater profits and increase her daily sales. Lydia hopes that in the future she will be able to purchase the electronics from China herself.
Lydia is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Lydia 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.