Milly is 38 years old and lives in the town of Lugazi in the Mukono region of Uganda. She is single and has 4 children who are currently in school. For the past 8 years, Milly has been working hard to manage her retail shop, which sells sugar, soap and salt.
To help expand her business, Milly has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more items for the shop, such as sugar and salt, to sell. The loan will help Milly generate greater profits, improve her family's standards of living, and pay for her children's school fees.
Milly hopes that in the future, she will be able to be a productive woman.
Milly is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Milly 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.