To help expand her business, Faridah has requested a loan of 800,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more raw food such as matooke, Irish potatoes and sweet potatoes, and will help Faridah to generate greater profits and pay school fees for her child. Faridah hopes that in the future, she will be able to become a powerful businesswoman in town.
Faridah is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to microfinance loans, the program provides both a safe place for young Ugandan women to take part in group activities, and a forum for life-skills training.
More information about this loan
This loan is part of BRAC Uganda's Empowerment and Livelihood for Adolescents (ELA) program geared toward helping young women realize their full potential. The comprehensive curriculum of the ELA program includes training in life skills and the creation of adolescent clubs for ELA participants to discuss social issues and play games. Older ELA members are offered training in specific income-generating activities and can receive microfinance loans to support their enterprises. The ELA program has expanded rapidly since the beginning of 2008. Today, there are over 1,000 adolescent clubs reaching more than 40,000 young women across Uganda.
About BRAC UgandaThis 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.
This is a Group Loan
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Success!! The loan was 100% repaid