Christine is 33 years old and lives in the town of Nakifuma in the Kasangati region of Uganda. She is married and has three children who are all currently in school. For the past four years, Christine has been working hard to manage her retail shop, which sells sugar, posho flour and gnuts.
To help expand her business, Christine has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more cassava flour, baking flour and cooking oil, and will help Christine to generate greater profits and help her grow her business with the expanded inventory. Christine hopes that in the future she will be able to build up rental houses.
Christine is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Christine 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.