Mirembe is 26 years old and lives in the town of Iganga in the Iganga region of Uganda. She is single and has three children, two of them currently in school. For the past three years, Mirembe has been working hard to manage her small business, which sells clothes.
To help expand her business, Mirembe has requested a loan of 2,000,000 Ugandan Shillings (UGX) from BRAC Uganda. The loan will be used to buy more clothes that will be sold, and will help Mirembe to generate greater profits, boost the business and pay school fees for her children. Mirembe hopes that in the future she will be able to stock more clothes to be sold in the festive season.
Mirembe is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mirembe 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.