Rose is 43 years old and lives in the town of Mityana in the Mubende region of Uganda. She is married and has three children who are all currently in school. For the past three years, Rose has been working hard to manage her stationary shop, where she sells stationary items.
To help expand her business, Rose has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to buy a photocopier, books, box files and chalk to increase her sales. This will help Rose to generate greater profits and pay the school fees for her children. Rose hopes that in the future she will be able to expand her business into a wholesale shop.
Rose is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs such as Rose who do not have enough collateral for commercial loans but who 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.