Barbra is 33 years old and lives in the town of Matugga in the Luwero region of Uganda. She has one child who is currently in school. For the past 8 years, Barbra has been working hard to manage her retail shop selling cosmetic items.
To help expand her business, Barbra has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more cosmetic items like body lotions to sell, and it will help Barbra to generate greater profits and take care of her child and other basic needs. Barbra hopes that in the future she will be able to start up a salon business.
Barbra is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Barbra 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.