Margaret is 45 years old and lives in the town of Iganga in Uganda. She is widowed and has two children. For the past five years, Margaret has been working hard to manage her poultry business. She rears chicken.
To help expand her business, Margaret has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more birds to increase her business. The loan will also help Margaret generate greater profits and save money. Margaret hopes that in the future she will be able to supply quality chicken.
Margaret is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Margaret who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro loans.
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.