Catherine is 36 years old and lives in the town of Gaba in the region of Kampala South in Uganda. She is married and has four children, who are all currently in school. For the past six years, Catherine has been working hard to manage her boutique, which sells bags and clothes of all kinds.
To help expand her business, Catherine has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more clothes and bags, and will help Catherine to generate greater profits and enable her meet other basic needs and pay her children's school fees in time. Catherine hopes that in the future, she will be able to open up another business in Konge.
Catherine is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Catherine 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.