Kedrethy is 31 years old and lives in the town of Lyantonde in the Mbarara region of Uganda. She is single and has one child who is currently in school. For the past 12 years, Kedrethy has been working hard to manage her bar, which sells drinks such as lemonade, spirits, wine and beer.
To help expand her business, Kedrethy has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more drinks such as lemonade, spirits, wine and beer for resale. This will help Kedrethy to generate greater profits and improve her family's standard of living. Kedrethy hopes that in the future she will be able to have a well-stocked bar that will meet all her customers needs.
Kedrethy is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Kedrethy who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.
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.