Betty is 41 years old and lives in the town of Mpigi in the Kampala North region of Uganda. For the past 5 years, Betty has been working hard to manage her retail shop, which sells sugar and soap. To help expand her business, Betty has requested a loan of 3000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more essential commodities for resale, which will help Betty to generate greater profits. Betty hopes that in the future she will be able to increase customers and income.
Betty is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Betty 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.