Aisha is 38 years old and lives in the town of Mukono in the Mukono region of Uganda. She is widowed and has two children, one currently in school. For the past three years, Aisha has been working hard to manage her video library, which rents music CDs and movies.
To help expand her business, Aisha has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more movies and music CDs to rent, and will help Aisha to generate greater profits and change her family's way of living. Aisha hopes that in the future she will be able to have a big business.
Aisha is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Aisha 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.