Agnes is 32 years old and lives in the town of Fort Portal, in the Fort Portal region of Uganda. She is married and has four children, with three of them currently in school.
For the past five years, Agnes has been working hard to manage her bar, which sells drinks, like soda and beer.
To help expand her business, Agnes has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more beers and soda for resale. It will help Agnes to generate greater profits and pay her children's school fees.
Agnes hopes that in the future she will be able to rent a big room that will be used only to sell drinks, like beers and soda.
Agnes is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Agnes 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.