Sarah is 35 years old and lives in the town of Kayunga in the Mukono region of Uganda. She is married and has four children, who are all currently in school. For the past ten years, Sarah has been working hard to manage her small boutique, which sells clothes.
To help expand her business, Sarah has requested a loan of UGX 2000000 (Ugandan Shillings) from BRAC Uganda. The loan will be used to buy more clothes for resale and will help Sarah to generate greater profits and improve her business and her family's standard of living. Sarah hopes that, in the future, she will be able to sell the best clothes in town.
Sarah is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Sarah, 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.