Madina is 38 years old and lives in the town of Mukono, in the Mukono region of Uganda. She is married and has three children, two of them currently in school. For the past five years, Madina has been working hard to manage her boutique, where she sells clothes.
To help expand her business, Madina has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. She will use the loan to buy more clothes for resale, which will help her to generate greater profits and improve her family's standard of living. Madina hopes that, in the future, she will be able to own a very big business.
Madina is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Madina, 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.