Scovia is 47 years old and lives in the town of Masaka, which is in Uganda. She is married and has seven children of whom three are currently in school. For the past 17 years, Scovia has been working hard to manage her school, which provides teaching services.
To help expand her school, Scovia has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to expand the school building, and it will help Scovia to generate greater profits and provide enough basic needs for her children. Scovia hopes that in the future she will be able to expand her school business nationally.
Scovia is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Scovia who do not have enough collateral for commercial loans but who 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.