Kolin is 48 years old and lives in the town of Bungokho in the Mbale region of Uganda. She is married and has five children, four of whom are currently in school. For the past fourteen years, Kolin has been working hard to manage her distillery, in which she makes a traditional Ugandan drink called Waragi.
To help expand her business, Kolin has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more Waragi ingredients and will help Kolin to generate greater profits and improve her family's welfare. Kolin hopes that in the future she will be able to continue growing her business.
Kolin is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves entrepreneurs like Kolin with small business 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.