100%

funded

Total loan: $250

Teddy

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Maganjo, Central Region, Uganda / Food

Teddy's loan finished fundraising,
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A loan helped to purchase more cooking oil, cassava and baking flour.


Teddy's story

Teddy is 22 years old and lives in the town of Matugga in the Kawempe region of Uganda. She is married and has two children who are both currently in school. For the past two years, Teddy has been working hard to manage her fast foods business, which sells fried cassava, cookies, pancakes and half cakes.

To help expand her business, Teddy has requested a loan of 900,000 UGX from BRAC Uganda. The loan will be used to purchase more cooking oil, cassava and baking flour. It will help Teddy to generate greater profits. Teddy will use the profits from the business to: pay school fees for her children, buy for herself and the children personal items like clothes, pay house bills, and provide basic needs for the family like food. Thereby, improving on their standards of living.

Teddy hopes that in the future she will be able to buy a plot of land and build a house. She also hopes to open up a cattle farm in order to generate more income.

Teddy 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.