100%

funded

Total loan: $275

Victo

Iganga, Eastern Region, Uganda / Food

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A loan helped to buy more rice and groundnuts.


Victo's story

Victo is 20 years old and lives in the town of Iganga in the Iganga region of Uganda. She is married and has four children with three of them currently in school. For the past three years, Victo has been working hard to manage her food stall where she sells rice, groundnuts and maize.

To help expand her business, Victo has requested a loan of 1,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more rice and groundnuts, and will help Victo to generate greater profits. Victo will use the profits of her business to assist her husband in paying school fees for their children, buying for herself personal items like clothes, paying house bills and providing basic needs for the family like food, thereby improving their standard of living. Victo hopes that in the future she will be able to open a beauty salon in order to generate more income.

Victo is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to microfinance loans, the program provides both a safe place for young Ugandan women to take part in group activities, and a forum for life-skills training.