Agnes is 35 years old, married, and has three children who attend school. She lives in Kasese in the Fortportal region of Uganda. Agnes operates a retail shop, selling household items such as detergent, toilet paper, and vaseline.
To help expand her business, Agnes requested a loan from BRAC Uganda for 2,500,000 Ugandan Shillings, which she will use to add stock of detergent, toilet paper, vaseline, and other items. The loan will help Agnes to generate greater profits and increase capital. She hopes that in the future she will be able to fill up her shop.
Agnes is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Agnes 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.