Mildred, 50, lives in the town of Lugazi in the Mukono region of Uganda. She is married and has 2 children. For the past 19 years, Mildred has been working hard to manage her restaurant, which sells breakfast, lunch and supper.
To help expand her business, Mildred has requested a loan of 2500000 UGX from BRAC Uganda. The loan will be used to improve to improve her kitchen and stock food to cook and resell. This will help Mildred to generate greater profits, boosting the business and increasing her family's income. Mildred hopes that in the future she will be able to be self-reliant and productive.
Mildred is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mildred 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.