Mzam is 42 years old and lives in the town of Lyantonde in the Mbarara region of Uganda. She is married, and has six children. For the past eight years, Mzam has been working hard to manage her boutique, which sells different types of clothes.
To help expand her business, Mzam has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more second hand clothes to sell, and will help Mzam to generate greater profits and manage the family's cost of living.
Mzam hopes that in the future she will be able to have the most attractive clothes that will attract more customers.
Mzam is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mzam 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.