Aisha is thirty years old and lives in the town of Namutumba in Uganda. She has four children, three of whom are currently in school. For the past two years, Aisha has been working hard to manage her retail shop, where she sells sugar, milk, and other foodstuffs.
To help expand her business, Aisha is requesting a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to expand her business by buying more stock and help Aisha generate greater profit and increase her income. In the future, Aisha hopes to be able to build a residential/commercial house of her own.
Aisha is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Aisha 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.