Catherine is 45 years old and lives in the town of Iganga in the Iganga region of Uganda. She is widowed and has four children with one currently in school. For the past seven years Catherine has worked hard to manage a boutique where she sells clothes .
To help expand her business, Catherine has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to acquire more clothes, and will help Catherine generate greater profits and improve her business. Catherine hopes that in the future she will be able to add to the business .
Catherine is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Catherine 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.