Naku is 35 years old and lives in the town of Matuga, in the Luwero region of Uganda. She is married and has two children who are currently in school. For the past ten years, Naku has been working hard to manage her restaurant, which sells cooked food.
To help expand her business, Naku has requested a loan of UGX 2,000,000 (Ugandan Shillings) from BRAC Uganda. The loan will be used to stock food and buy tables for the restaurant and will help Naku to generate greater profits and improve on the economic status of her family. Naku hopes that, in the future, she will be able to open up another restaurant.
Naku is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Naku, 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.