Beatrice is 17 years old and lives in the town of Kacwamba in the Fort Portal region of Uganda. For the past three years, Beatrice has been working hard to manage her bakery, where she sells baked goods.
To help expand her business, Beatrice has requested a loan of 400,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy ingredients for her business, and will help Beatrice to generate greater profits and pay school fees and buy other things for her household. Beatrice hopes that in the future she will be able to buy a plot of land and build a house.
Beatrice 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. The ELA program has increased Beatrice's future prospects by helping her to develop her business.
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.