"Christine is 30 years old and lives in the town of Kalerwe in the Kampala west region of Uganda. She is married and has two children who are currently in school. For the past five years, Christine has been working hard to manage her hardware business, which sells paint.
To help expand her business, Christine has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy sadolin paint, and will help Christine to generate greater profits and increase income. Christine hopes that in the future she will be able to expand on the business.
Christine is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Christine 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.