Hilder is 27 years old and lives in the town of Masindi in Hoima region of Uganda. She is married and has two children who are both currently in school. For the past five years, Hilder has been working hard to manage her retail shop, which sells various food items
To help expand her business, Hilder has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more food staffs such as milk,bread and sugar to sale, and will help Hilder to generate greater profits and to become a wholesaler. Hilder hopes that in the future she will be able to become a well known supplier in town.
Hilder is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Hilder 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.